The Under Secretary of War determined that $100,000 of the profits realized by the partnership petitioner during the nine months ended September 30, 1942, on contracts subject to renegotiation was excessive. He sent a notice of this determination dated February 8, 1944, to the petitioners. The present proceeding is brought before this Court pursuant to section 403 (e) of the Renegotiation Act (Sixth Supplemental National Defense Appropriation Act, 1942, as amended). Paragraph...
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