SCOTT, Judge:
Respondent determined deficiencies in petitioner's income tax for the calendar years 1960 and 1962, in the amounts of $25,033.04 and $16,119.60, respectively.
The issue for decision is whether amounts paid to petitioner by certain of its customers for products ordered from petitioner which were to be delivered by petitioner at a later date were properly excluded from taxable income by petitioner in each of the years here involved to the...
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