Respondent has determined deficiencies in income and victory tax for the calendar year 1943 in the amount of $41,544.61. These deficiencies, to the extent here in controversy, arise through respondent's disallowance of deductions taken by petitioner upon his returns for 1942 and 1943, representing amortization of war facilities taken as allowable under section 124, Internal Revenue Code. The deficiencies are only for the year 1943, but the determination of income under the...
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