American Exchange Irving Trust Co. v. United States

LITTLETON, Judge.

The first claim urged by the plaintiff that the additional assessment for 1920 was made under the Revenue Act of 192-6, and that it is therefore entitled to interest on the overpayments for 1918 and 1919 from the date on which such tax was paid to the date of the additional assessment, is controlled by the decision of this court in Riverside & Dan River Cotton Mills, Inc., v. United States, 37 F.(2d) 965, 968, 69 Ct. Cl. 70. Upon the authority of that case, it is held that plaintiff is entitled to interest on the overpayments only to the due date of the tax to which they were…