Minot Federal Savings & Loan Ass'n v. United States

MEMORANDUM AND ORDER

REGISTER, Chief Judge.

This is an action for a refund of federal income taxes for the Plaintiff’s taxable calendar year 1963. Jurisdiction of *295this Court is based on Section 1346(a) (1) of Title 28, U.S.C.A.

Plaintiff contends that in its income tax return for that taxable year, it erroneously failed to claim the investment credit on certain movable partitions which it contends constitute tangible personal property for the purpose of investment credit provisions of the Internal Revenue Code of 1954, as amended.

Plaintiff thereafter duly filed a claim for refund for the tax…