The Commissioner determined deficiencies in income tax of $3,995.48 and $3,716.45 for 1940 and 1941, respectively. The petitioner assails the disallowance by the Commissioner of a claimed partial bad debt deduction of $15,000 in each of the years 1940 and 1941 and, in the alternative, claims it is entitled to deductions of $7,280.50 in 1940 and $73,868.57 in 1941 for loss allegedly sustained on the sale of assets of the Dollar State Bank & Trust Co. The facts are all...
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