The Commissioner has disallowed the petitioner's applications for relief under section 722. The petitioner filed applications relating to its taxable years 1941 and 1942, each ended on September 30. No excess profits tax was due from the petitioner for the year 1941. That year is involved herein only to the extent that an unused excess profits credit for that year might be carried over to 1942. The Commissioner determined a deficiency of $15,795.89 in excess profits tax for...
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