Memorandum Findings of Fact and Opinion
HARLAN, Judge:
The Commissioner determined a deficiency in income tax for the fiscal year ended September 30, 1943, in the amount of $884.42. The question presented is as to whether or not the net amount of $14,700 received by petitioner in the taxable year in settlement of a lawsuit constitutes taxable income.
Findings of Fact
The facts are all stipulated and are adopted as stipulated.
Petitioner...
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