CRAMER & KING CO. v. COM'R OF INTERNAL REVENUE

No. 4083.

41 F.2d 24 (1930)

CRAMER & KING CO. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Third Circuit.

April 2, 1930.


Attorney(s) appearing for the Case

William Surosky (of Surosky & Surosky), of Paterson, N. J., for petitioner.

John V. Groner and Sewall Key, Sp. Assts. to Atty. Gen. (C. M. Charest, Gen. Counsel, Bureau of Internal Revenue, and J. L. Backstrom, Sp. Atty., Bureau of Internal Revenue, both of Washington, D. C., of counsel), for respondent.

Before BUFFINGTON, WOOLLEY, and DAVIS, Circuit Judges.


DAVIS, Circuit Judge.

This case is here on petition to review an order of the United States Board of Tax Appeals. The question in issue is whether or not the petitioner is entitled to have its profits tax for the calendar year 1919 computed under the provisions of sections 327 and 328 of the Revenue Act of 1918 (40 Stat. 1057).

Subsections (a) and (d) of section 327 state the conditions under which a tax may be computed as provided in section 328. Under subsection...

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