National Builders, Inc. v. Reynolds

NORDBYE, Chief Judge.

This cause was submitted to the Court on the pleadings and a stipulation of facts.

The taxpayer, National Builders, Inc., brings this action against Reynolds seeking recovery of $13,425.88, with interest thereon from January 11, 1950, as an alleged overpayment of income and excess profits taxes for the year 1941, and for the sum of $9,101.69, with interest thereon from January 11, 1950, as an alleged overpayment of income and excess profits taxes for the year 1942.

The Government has intervened, and in its intervening petition seeks judgment against the taxpayer for the sum…