Petitioner claims relief under section 722 (b) (4) of the Internal Revenue Code, and seeks refunds of excess profits taxes for 1941, 1942, 1943, 1944, and 1945 in the amounts of $5,057.18, $13,657.44, $7,002.62, $12,896.39, and $12,512.32, respectively.
Issue was framed on whether petitioner qualified for relief under the applicable law and, if so, the amount of its constructive average base period net income.
FINDINGS OF FACT.
The stipulated facts...
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