Winchester Manufacturing Co. v. United States

This is a suit to recover a portion of income and profits taxes paid for the year 1918. Several refunds have been made and so far as the refund involved in this case is concerned, it is based on th¿ ground that the Commissioner of Internal Revenue placed a wrong value upon certain items of plaintiff’s closing inventory for that year. The principal defense set up by defendant raises the issue that no claim for the refund now sought to be recovered was filed in time to permit the plaintiff to avail itself of the inventory adjustment which it now seeks to have made.

It appears that in filing its…