The respondent determined a deficiency in the income tax and excess profits tax of the petitioner for the taxable year 1953 in the amount of $8,868.46.
The computation of the tax as made by respondent and the reasons for the adjustments are contained in the statutory notice mailed to petitioner on June 25, 1956.
The petitioner, by assignments of error, contests the adjustments made by the Commissioner to the net operating loss...
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