BOBBITT, Chief Justice.
The sole question is whether, in computing the taxpayer's net income for 1963, the deduction allowable under G.S. § 105-147 for a loss of property by fire is to be ascertained as provided in G.S. § 105-144.
The statutory provisions applicable to the determination of the taxpayer's net income for 1963 are the following:
G.S. § 105-144, in pertinent part, provides: "(a) * * * in ascertaining the gain or loss from...
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