Memorandum Findings of Fact and Opinion
FAY, Judge:
The Commissioner determined a deficiency in petitioner's income tax for the taxable year 1959 in the amount of $15,008.76. The only issue for decision is whether the petitioner may deduct as an ordinary and necessary expense of doing business the sum of $28,863.01 paid during the year 1959 to the widow of one of its deceased officers who was also a member of the board of directors.
Findings of...
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