Memorandum Opinion
QUEALY, Judge:
The respondent determined that there was a deficiency in the income tax due from petitioner for the taxable year 1966 in the amount of $4,424.
The only issue presented for decision is whether legal and other professional fees in the amount of $10,289.88, expended for the defense and settlement of a legal action brought in connection with the construction of a drive-in theatre, are capital expenditures or are deductible...
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