OPINION.
TURNER, Judge:
The respondent determined deficiencies in excess profits tax against the petitioner for the fiscal years ended November 30, 1943, and November 30, 1944, in the amounts of $21,424.70 and $7,403.23. The question is whether or not the respondent erred in determining petitioner's excess profits credit on the basis of invested capital under section 714 of the Internal Revenue Code rather than upon the basis of income under section...
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