Memorandum Opinion
LEMIRE, Judge:
This proceeding involves a deficiency in income tax for the fiscal year ended July 31, 1945, in the amount of $484.59. Petitioner claims that there is an overpayment in the amount of $102.91. The sole issue to be decided is whether the petitioner is entitled to a deduction for depreciation sustained on the trust property in computing the taxable net income of the trust for that year.
[The Facts]
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