These consolidated proceedings involve excess profits taxes for 1941, 1942, and 1943 in the respective amounts of $33,543.72, $355,953.10, and $295,605.51.
The petitioner claims excess profits tax relief under section 722 (b) (4) of the Internal Revenue Code of 1939 because of certain changes in its products, because of a commitment for an increase in its plant capacity entered into before January 1, 1940, and also a change in the ratio of nonborrowed capital to total...
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