Consolidated Electronics Industries Corp. v. United States

The Consolidated Electronics Industries Corp. (formerly the Eeynolds Spring Company, hereinafter referred to as plaintiff) sues to recover $8,049.80, as an overpayment of interest on excess profits tax deficiencies for the period January 1, 1940, to September 80, 1940, and for the fiscal year ended September 30,1941. The facts are not in dispute.

The plaintiff filed its income and excess profits tax returns for the period January 1, 1940, to September 30, 1940, and for the fiscal year ended September 30, 1941 (hereinafter referred to as years 1940 and 1941, respectively), and paid the taxes…