The respondent determined a deficiency in petitioner's excess profits tax for the taxable year 1943 in the amount of $6,316.12. Respondent also determined that petitioner's income tax liability for the same period disclosed an overassessment of $1,702.15. Certain adjustments made by respondent are not in issue. The only issue before us is whether petitioner's excess profits net income for its fiscal year 1943 should be placed on the basis of a taxable year of less than twelve...
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