Wright-Bernet v. Commissioner of Internal Revenue

ALLEN, Circuit Judge.

This is a petition to review a decision of the Tax Court which established deficiencies against the petitioner in the declared value excess profits tax for the calendar year 1942 in the amount of $507.-74; a deficiency in excess profits tax for the calendar year 1942 in the amount of $2,943.65;' and a deficiency in' the excess profits tax for the calendar year 1943 in the amount of $12,405.25. The-deficiencies, with interest, were paid under protest.

The deficiencies determined by the Commissioner were materially reduced-by-; the Tax Count. As prsented here,- they are…