American Loan Co. of Camden v. Helvering

MARTIN, Chief Justice.

This ease involves in principle the identical questions heard and decided by us in case No. 5957, Beneficial Loan Society of Trenton v. Commissioner of Internal Revenue, 63 App. D. C. 122, 70 F.(2d) 288, and the eases were argued and submitted together.

*291The petitioner presents also a question relating to the statute of limitations. It appears that petitioner executed and delivered to respondent a waiver of the statute of limitations dated March 7, 1930, extending the period for assessment of the taxes involved herein to December 31, 19301. The notice of deficiency was…