OPINION.
ARUNDELL, Judge:
This proceeding arises upon a petition for a redetermination of the respondent's disallowance of applications for relief under section 722 (a) and (b) (5) of the Internal Revenue Code with respect to excess profits taxes for the years 1941, 1942, 1943, and 1944.
After the petition and the respondent's answer and amendment thereto were filed, we granted the respondent's motion to sever the issues. As the result of...
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