EMPORIUM WORLD MILLINERY CO. v. COMMISSIONER

Docket No. 51169.

32 T.C. 292 (1959)

EMPORIUM WORLD MILLINERY COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed April 30, 1959.


Attorney(s) appearing for the Case

Fred R. Tansill, Esq., for the petitioner.

Emil Sebetic, Esq., for the respondent.


This proceeding involves respondent's disallowance of petitioner's application for relief under section 722, I.R.C. 1939, and claims for refund of excess profits tax for the years 1941 to 1945, inclusive, in the following amounts:

Year                       Refund claimed

1941 -------------------       $2,974.88
1942 -------------------       42,373.18
1943 -------------------      110,582.18
1944 -------------------       30,934.50
1945 ...

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