OPINION
DAWSON, Judge:
Respondent determined a deficiency in petitioner's income tax for the taxable year ended June 30, 1962, in the amount of $22,384.77.
Adjustments to depreciation expense, raised in the notice of deficiency, have been agreed to by the parties. Thus the only issue for decision is whether a transaction between Norman Scott, Inc., River Oaks Motors, Inc., and Houston Continental Motors Ltd., Inc., which took place between...
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