New Jersey Worsted Mills v. Gnichtel

FAKE, District Judge.

This action is instituted for the recovery of the sum of $200,709.62 with interest claimed to have been illegally collected on plaintiff’s profits and income for the fiscal years' ending March 31, 1918 and March 31, 1919.

The question involved is whether the Commissioner of Internal Revenue, after having exercised the discretionary powers vested in him by virtue of the relief provisions of the Revenue Acts of 1917 and 1918, Section 210 of Revenue Act of 1917, 40 Stat. 307, and Sections 327 and 328 of the Revenue Act of 1918, 40 Stat. 1093, and having thereunder allowed…