The Commissioner determined a deficiency in petitioner's income tax for the calendar year 1942 in the amount of $5,119.36. Petitioner claimed a refund in the amount of $13,941.14, subject to an admitted offset of $1,253.36 for excess profits tax for 1942. By his amended answer, respondent asserted an additional deficiency in the amount of $1,053.88. The question at issue is whether or not petitioner is entitled to a credit under section 26 (e) of the Internal Revenue Code...
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