Pittsburgh Bridge & Iron Works v. United States

McVICAR, District Judge (after stating the facts as above).

The sole question is whether this ease is governed by section 1019 of the Revenue Act of 1924 (26 USCA § 153, note), or section 1116 of the Revenue Act of 1926 (26 USCA § 153, note).

Statutes Involved.

Revenue Act of 1924 (43 Stat. 253).

Interest on Refunds and Credits.

“Sec. 1019. Upon the allowance of a credit or refund of any internal-revenue tax erroneously or illegally assessed or collected, or of any penalty collected without authority, or of any sum which was excessive or in any manner wrongfully collected, interest shall be…