Piedmont Wagon & Mfg. Co. v. United States

LITTLETON, Judge.

The elaim for additional interest on the overpayment for 1917 credited on March 31, 1926, to a tax due for 1929 cannot be allowed. This credit was made under section 1116 of the Revenue Act of 1926 (26 USCA § 153 note), which provides that interest on over-payments credited shall be paid only to the due date of the tax against which credited. The Commissioner computed and paid interest to the due date of the 1929 tax in accordance with the statute. No additional tax was assessed for 1917.

The claim for an overpayment of $18,-736.88 for the fiscal year 1919, based on the…