Claremont Waste Manufacturing Company v. Commissioner of Internal Revenue

MAGRUDER, Chief Judge.

We have for review on this petition a decision of the Tax Court of the United States entered December 20, 1955, finding that there is an overpayment of petitioner’s excess profits tax in the amount of $1887.99 for the taxable year 1941, attributable to the granting in part of an application for abnormality relief under § 722 of the Internal Revenue Code of 1939, as amended, 26 U.S.C.A. Excess Profits Taxes, § 722. The Tax Court thus rejected petitioner’s broader claim that the whole amount of the excess profits tax theretofore paid for 1941 constituted a refundable…