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amount conceded by respondent.4 Consequently, we sustain
respondent's disallowance.
In reaching all of our holdings herein, we have considered
all arguments made by petitioner and to the extent not mentioned
above find them to be irrelevant or without merit.
To reflect the foregoing,
Decision will be entered
under Rule 155.
4 Respondent's notice of deficiency allowed petitioner a
NOL deduction of $13,935 for the 1990 taxable year. Respondent
has conceded the NOL deduction allowed in the notice of
deficiency.
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Last modified: May 25, 2011