This proceeding involves claims for relief under section 722 (b) (4) of the Internal Revenue Code of 1939. It is petitioner's contention that it changed the character of its business during or immediately prior to its base period when it began the manufacture and sale of a new type of bearing for steel mill rolls. The testimony was taken by a commissioner of this Court. Some of the facts have been stipulated and are incorporated in our Findings of Fact and are found accordingly...
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