DUFFY, Chief Judge.
This suit was brought for a refund of federal income and excess profits taxes for the fiscal year ending March 31, 1944. The issue before us concerns additions made by the taxpayer to its reserve for bad debts, which amounts it deducted in computing its net income.
Prior to August 8, 1941, taxpayer used the charge off method for bad debts, but on that date, it was granted permission by the Commissioner of Internal Revenue to change to the...
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