Hanlon-Waters, Inc. v. United States
United States Tax Court
Under an agreement dated July 16, 1943, between petitioner and respondent, it was agreed that the "repricing" provided for in paragraph III would be accepted as a final renegotiation of excessive profits for 1943 insofar as three contracts were concerned, subject to the right of the Under Secretary of War or his duly authorized representative to reopen the renegotiation in his discretion at any time within 60 days after the contractor filed with the Under Secretary of War a…
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Under an agreement dated July 16, 1943, between petitioner and respondent, it was agreed that the "repricing" provided for in paragraph III would be accepted as a final renegotiation of excessive profits for 1943 insofar as three contracts were concerned, subject to the right of the Under Secretary of War or his duly authorized representative to reopen the renegotiation in his discretion at any time within 60 days after the contractor filed with the Under Secretary of War a statement showing actual results of its operations for 1943, if the actual figures proved to be materially at variance…
1Opinion of the Court
OPINION.
Raum, Judge:
This case is here on remand from the Court of Appeals for the District of Columbia, 222 F. 2d 798. The parties requested the opportunity for oral argument and the filing of additional briefs. Such request was granted. Oral argument was had and some delegations of authority made under the Renegotiation Acts of 1942 and 1943 were admitted in evidence. Additional briefs were filed.
The petitioner does not dispute the authenticity of the delegations of authority mentioned above, and they are incorporated by reference as part of the facts found by this Court (20 T. C. 537).
The…
2Cases cited2 opinions
- Hanlon-Waters, Inc. v. United StatesCourt of Appeals for the D.C. Circuit · 1955
- Hanlon-Waters, Inc. v. United StatesUnited States Tax Court · 1953
3Cited by2 opinions
- Hanlon-Waters, Inc. v. The United StatesCourt of Appeals for the D.C. Circuit · 1957
- Hanlon-Waters, Inc. v. United StatesUnited States Tax Court · 1956