The respondent determined that there is a deficiency in income tax liability for the year 1941 in the amount of $736.69. The deficiency results from several adjustments, but only one remains in dispute, the disallowance of a deduction of $1,815.99 which is a pro rata part of expenses in the total sum of $10,934.31. The expenses were incurred in promulgating and consummating a plan of reorganization pursuant to proceedings under section 77-B of the Bankruptcy Act, as amended...
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