HARRON, Judge:
The Commissioner determined an income tax deficiency of $9,183.26 for 1955. The issues are (1) whether under section 1034 (a), 1954 Code, gain from the sale of property is not to be recognized rather than recognized as long-term capital gain; (2) whether various expenses paid by petitioner, for which he did not claim reimbursement by the corporation of which he is an officer, are his ordinary and necessary business expenses under section 162...
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