Memorandum Opinion
VAN FOSSAN, Judge:
Respondent determined a deficiency of $170.42 in petitioner's income tax for the year 1944. At the hearing respondent confessed an error in computation and reduced the amount claimed to $114.06. The additional tax arose from respondent's holding that in computing the adjusted cost basis of property sold in the taxable year, petitioner had understated depreciation allowed or allowable under section 113 (b) (1) (B), I...
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