ARUNDELL, Judge:
Respondent determined a deficiency in income tax for the calendar year 1959 in the amount of $41,413.
The only remaining issue is whether an amount of $50,000 received in 1959 by petitioner Harold Arlen, a composer of popular music, from Music Publishers Holding Corp. was received as a bona fide loan or was received as advance royalties.
Other errors were assigned but have been agreed upon. Effect will be given to these agreements...
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