SCOTT, Judge:
Respondent determined deficiencies in the income tax of petitioners for the calendar years 1954, 1955, and 1956 in the amounts of $91050.61, $70,522.83, and $1,384.13, respectively.
(1) Whether petitioners who report their income on a cash basis are entitled to deduct intangible drilling and development expenses in the year that a partnership of which one of...
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