FISHER, Judge:
Respondent determined a deficiency in petitioner's income and excess profits tax for 1950 of $219,504.64. The deficiency, to the extent in issue, is based on respondent's determination that there should be no disallowance of the deduction for vacation pay in 1949, a base year, in computing petitioner's excess profits tax credit for 1950 and 1951. The questions presented are (a) whether or not vacation pay constitutes a "class of deductions" as...
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