The Commissioner determined a deficiency in the income tax of petitioner for the taxable year ended March 31, 1943, in the amount of $125.51 and deficiencies in the excess profits tax of petitioner for the fiscal years ended March 31, 1943 and 1944, in the respective amounts of $1,115.97 and $14,124.15. The computation of petitioner's excess profits tax liability for the fiscal year ended March 31, 1943, involves an unused excess profits credit adjustment. As a result the...
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