[DOWNLOAD] "Martin Weiner Corp. v. Commissioner of Internal Revenue" by United States Court Of Appeals Second Circuit * eBook PDF Kindle ePub Free
eBook details
- Title: Martin Weiner Corp. v. Commissioner of Internal Revenue
- Author : United States Court Of Appeals Second Circuit
- Release Date : January 19, 1955
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 70 KB
Description
This is a petition to review a decision of the Tax Court reported in 21 T.C. 470. The sole question raised on review is whether the Tax Court has jurisdiction, on a petition for relief under Section 722 of the Internal Revenue Code of 1939, 26 U.S.C. ร§ 722, not only to afford relief under Section 722 but also to decide and give effect to so-called "standard issue adjustments" arising under other sections of the Excess Profits Tax Acts of World War II, IRC, Chapter 2, Subchapter E, Sections 710-736, 26 U.S.C. ร§ร§ 710-736. It was undisputed that petitioner was overassessed in the amount of $11,088.77 on its 1942 Excess Profits Tax. The Tax Court entered an order allowing the petitioners claim in the amount of $6,442.32 of that amount under Section 722, but held, with five judges dissenting, that it was without jurisdiction to decide whether petitioner was entitled to the balance of $4,646.45 for which the petitioner claimed a refund, under other sections of the Excess Profits Tax Act.