OPINION.
TIETJENS, Judge:
The respondent determined deficiencies in excess profits tax for the calendar years 1943 to 1945 in the respective amounts of $17,743.06, $14,896.21, and $21,911.18.
The petitioner attacks as erroneous the respondent's reduction of the excess profits tax credit claimed upon the petitioner's excess profits tax returns for those years. The issue is whether the petitioner is entitled to use the basis of its assets in...
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