The Commissioner has determined a deficiency in the income tax of Rogers Utilities, Inc., for the taxable year ended August 31, 1947, of $6,114.69. The deficiency is due to one adjustment made by the Commissioner to the net income (loss) as disclosed by petitioner's return. That adjustment is explained in the deficiency notice as follows:
(a) "Other deductions" claimed in your return in the amount of $52,004.41 include the amount of $32,672.34 representing a loss...
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