United States Cartridge Co. v. United States

Petitioner sued to recover an alleged overpayment of income and profits taxes for 1918. The court made findings of fact, ruled in favor of petitioner as to a part of the amount and gave it judgment for. $160,978.83, which is not here challenged. The court dismissed petitioner’s complaint as to two other claims, which this writ brings up for consideration. One is on account of buildings erected by it for war purposes on leased land. The other involves the valuation of petitioner’s inventories relating to government contracts. There is printed in the margin a state- ' ment showing the net…