This case involves petitioner's excess profits tax liability for the calendar years 1941 and 1942. The respondent has determined deficiencies of $4,880.54 and $15,092.25, respectively. The issue is whether certain interest deductions during petitioner's base period years were abnormal by class, or only in amount.
FINDINGS OF FACT.
Petitioner is an Arkansas corporation, with its principal office at St. Louis, Missouri. Its returns for the periods here involved...
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