Memorandum Findings of Fact and Opinion
HILL, Judge:
The Commissioner disallowed petitioner's application for relief under section 722 of the Internal Revenue Code and claim for refund of the excess profits tax of $1,499.50 for 1942 as shown by its return and paid for the reasons that petitioner had not established (1) that the tax computed under subchapter E of Chapter 2 of the Internal Revenue Code, without the benefit of section 722, resulted in an excessive...
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