The taxable year involved is 1941. The Commissioner agrees that the petitioner is entitled to the benefit of an unused excess profits credit carryover or carryback, as the case may be, to the taxable year 1941. The years 1940 and 1942 are involved in the application of an unused excess profits credit carryover and carryback. The respondent has determined that the amount of excess profits tax for 1941 is $58,700.46, after giving effect to an unused excess profits credit carryover...
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