Respondent determined deficiencies in petitioner's income tax, declared value excess profits tax, and excess profits tax for the year 1940. No objection is lodged as to the income and declared value excess profits tax adjustments and such deficiencies stand as determined. Petitioner, however, seeks a redetermination of the excess profits tax deficiency by having its excess profits credit computed under the income method in the place and stead of the invested capital method...
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