American Hide & Leather Co. v. United States

LITTLETON, Judge.

Plaintiff brings this suit to recover $556,-754.72, alleged to represent an overpayment of income and • profits tax for the last six months of the calendar year 1919, being the first six months of the fiscal taxable year beginning July 1, 1919, and ending June 30, 1920.

As shown by the facts, the commissioner held that the erroneous calendar-year returns were returns under the statute for the fiscal year ending within such calendar year and treated the-tax assessed and paid on such calendar-year returns as having been paid on a return for such fiseal year. As a result, the…