Miami Valley Broadcasting Corp. v. United States

Davis, Judge,

delivered tbe opinion of tbe court: *

Plaintiffs seek judgment for $866,166.97, with interest, for refund of alleged overpayments of federal income tax and assessed interest for taxable years 1959,1960,1961 and 1962. They paid tbe amounts of tax as computed on tbeir returns *586for suck years, and also the deficiencies and interest, as assessed or determined by the Internal Revenue Service; timely filed claims for refund for those years, which were denied; and thereafter timely filed their petition, seeking relief on the same grounds asserted in their claims.

Plaintiff Carolina…