Memorandum Findings of Fact and Opinion
MULRONEY, Judge:
The respondent determined deficiencies in the petitioner's income tax for 1958 and 1959 in the respective amounts of $7,935.25 and $12,378.88. The sole issue is whether a certain portion of rental payments made by petitioner in each of the years 1958 and 1959 is deductible as an ordinary and necessary business expense.
Findings of Fact
Some of the facts were stipulated and they are...
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