WISCONSIN FARMER CO. v. COMMISSIONER

Docket No. 9621.

14 T.C. 1021 (1950)

WISCONSIN FARMER COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated May 31, 1950.


Attorney(s) appearing for the Case

Denver A. Busby, C. P. A., for the petitioner.

Richard L. Greene, Esq., for the respondent.


This proceeding arises from the Commissioner's disallowance of petitioner's claim for refund filed under the provisions of section 722 (b) (4) and (b) (5) of the Internal Revenue Code,1 for the fiscal year ended May 31, 1941.

The sole question presented is whether the petitioner is entitled, under the provisions of either section 722 (b) (4) or section 722 (b) (5) of the Internal Revenue Code, to a refund of all or any part of the excess...

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