Memorandum Opinion
SCOTT, Judge:
Respondent determined deficiencies in petitioner's Federal income tax in the amounts of $18,408.93 and $422.29 for its fiscal years ended November 30, 1968 and 1969, respectively.
The issues for decision are:
(1) Whether a bona fide indebtedness was created by advances of funds by petitioner to another corporation, all of the stock of which was owned by members of the same family that owned petitioner's stock...
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