Atlantic Refining Co. v. United States

LITTLETON, Judge.

The plaintiff is correct in its contention that the credit was allowed on October 30, 1923, Revolution Colton Mills v. United States, 41 F.(2d) 898, decided by this court June 16, 1930, but this does not entitle it to recover unless the Commissioner was wrong in his decision that plaintiff was liable for interest on the unpaid original tax for 1920 against which the credit was taken. We think the Commissioner correctly held that plaintiff was liable for interest under section 250(e) of the Revenue Act of 1918, 40 Stat. 1082, and section 250(e) of the Revenue Act of 1921, 42…