The sole question in this case is whether the Tax Court erred in denying a deduction claimed by petitioner, a psychiatrist, as an "ordinary and necessary" business expense, for the cost of his own analysis as part of an extensive training program in psychoanalysis.
The availability of the deduction claimed under 26 U.S.C. § 162(a) depends upon the pertinent 1954 Treasury Regulations, which...
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