Louis F. Hall & Co. v. United States

CHASE, Circuit Judge.

The plaintiff paid in 1933 floor stocks taxes assessed under the Agricultural Adjustment Act of 1933, 48 Stat. 31 et seq., 7 U.S.C.A. § 601 et seq. It filed an amended claim for the refund of such taxes in the amount of $28,669.36 under § 3220, R.S., 26 U.S.C.A.Int.Rev.Code, §§ 3770, 3776, on what is known as P. T. Form 76 to which was attached a statement showing what percentage of its gross sales for each of the years 1927 to 1935, inclusive, was reflected in its gross profits. This showed *275the percentage to be less for the years 1933, 1934 and 1935, when the tax was in…