Lehigh Portland Cement Co. v. United States

LITTLETON, Judge.

The tax and interest of $402,397.79 herein sought to be recovered for. 1918 and 1920 were paid in cash and by credit well within the statutory period of limitation within which the tax could be assessed and collected. The credit of $64,423.90, overpayment for 1919, in part satisfaction of the deficiency for 1918 was entered by the collector on his books on June 30, 1926, and the balance of the deficiencies was paid on July 17, 1926. The statutory period of limitation with respect to assessment of the deficiencies for 1918 and 1920 was extended by waivers to December 31, 1926,…