Taxable Years Beginning in 1949

table to the final determination of an application for relief or benefit under section 722 for any taxable year, no interest shall be assessed or paid with respect to such part of the deficiency. If any part of a deficiency for a taxable year beginning after December 31, 1941, is determined by the Commissioner to be attributable to the final determination of an application for relief or benefit under section 722 for any taxable year (excluding any portion of a deficiency of excess-profits taxes constituting a deficiency by reason of deferment of tax under section 710 (a) (5), and excluding, in case the taxpayer has availed itself of the benefits of section 710 (a) (5), such portion of a deficiency under Chapter 1 as may be determined by the Commissioner to exceed any refund or credit of excess-profits tax arising from the operation of section 722), no interest shall be assessed or paid with respect to such part of the deficiency for any period prior to one year after the filing of such application, or September 16, 1945, whichever is the later.

Sec. 292. (c) Deficiency resulting from carry-back and related matters.-If any part of a deficiency is determined by the Commissioner to be attributable (A) to a carry-back to which an overpayment described in section 3771 (e), or a decrease determined under section 3780 (b), in any other tax is attributable, or (B) to an error in the amount or effect of a carryback which resulted in a credit or refund of an overpayment with interest computed pursuant to section 3771 (e), or in a decrease determined under section 3780 (b), no interest shall be assessed or paid under subsection (a) with respect to such part of the deficiency for any period during which interest was not allowed with respect to such overpayment or for a period prior to the application of such de

crease.

Sec. 293. Additions to the tax in case of deficiency.

Sec. 293. Additions to the tax in case of deficiency.

Sec. 293. Additions to the tax in case of deficiency.

Taxable Years Beginning in 1945

Sec. 292. (c) Deficiency resulting from carry-back and related matters.-If any part of a deficiency is determined by the Commissioner to be attributable (A) to a carry-back to which an overpayment described in section 3771 (e), or a decrease determined under section 3780 (b), in any other tax is attributable, or (B) to an error in the amount or effect of a carryback which resulted in a credit or refund of an overpayment with interest computed pursuant to section 3771 (e), or in a decrease determined under section 3780 (b), no interest shall be assessed or paid under subsection (a) with respect to such part of the deficiency for any period during which interest was not allowed with respect to such overpayment or for a period prior to the application of such de

crease.

Sec. 292 (c), I. R. C., supra, added to I. R. C. by Sec. 6 (a), T. A. A. of 1945, approved July 31, 1945.

Sec. 293. Additions to the tax in case of deficiency.

Taxable Years Beginning in 1944

table to the final determination of an application for relief or benefit under section 722 for any taxable year, no interest shall be assessed or paid with respect to such part of the deficiency. If any part of a deficiency for a taxable year beginning after December 31, 1941, is determined by the Commissioner to be attributable to the final determination of an application for relief or benefit under section 722 for any taxable year (excluding any portion of a deficiency of excess-profits taxes constituting a deficiency by reason of deferment of tax under section 710 (a) (5), and excluding, in case the taxpayer has availed itself of the benefits of section 710 (a) (5), such portion of a deficiency under Chapter 1 as may be determined by the Commissioner to exceed any refund or credit of excess-profits tax arising from the operation of section 722), no interest shall be assessed or paid with respect to such part of the deficiency for any period prior to one year after the filing of such application, or September 16, 1945, whichever is the later.

Sec. 293. Additions to the tax

in case of deficiency.

Taxable Years Beginning before 1944

Sec. 293. Additions to the tax

in case of deficiency.

Taxable Years Beginning in 1949

If

Sec. 293. (a) Negligence. any part of any deficiency is due to negligence, or intentional disregard of rules and regulations but without intent to defraud, 5 per centum of the total amount of the deficiency (in addition to such deficiency) shall be assessed, collected, and paid in the same manner as if it were a deficiency, except that the provisions of section 272 (i), relating to the prorating of a deficiency, and of section 292, relating to interest on deficiencies, shall not be applicable.

Taxable Years Beginning in 1948

Sec. 293. (a) Negligence.

Same as 1944.

Sec. 293. (b) Fraud. Same as 1944.

Sec. 294. Additions to the tax in case of nonpayment.

Sec. 294. (a) Tax shown on return.

Sec. 294. (a) (1) General rule. Same as 1944.

Sec. 294. (a) (2) If extension

Sec. 294. (a) (2) If extension granted. Where an extension of granted. time for payment of the amount so determined as the tax by the taxpayer, or any installment thereof, has been granted, and the amount the time for payment of which has been extended, and the interest thereon determined under section 295, is not paid in full prior to the expiration of the period of the extension, then, in lieu of the interest provided for in paragraph (1) of this subsection, interest at the

Same as 1944.

Taxable Years Beginning in 1946 and 1947

Sec. 293. (a) Negligence.

Same as 1944.

Sec. 293. (b) Fraud.

Same as 1944.

Sec. 294. Additions to the tax in case of nonpayment.

Sec. 294. (a) Tax shown on return.

Sec. 294. (a) (1) General rule. Same as 1944.

Sec. 294. (a) (2) If extension granted.

Same as 1944.

Taxable Years Beginning in 1945

Sec. 293. (a) Negligence. Same as 1944.

Sec. 293. (b) Fraud.

Same as 1944.

Sec. 294. Additions to the tax in case of nonpayment.

Sec. 294. (a) Tax shown on return.

Sec. 294. (a) (1) General rule. Same as 1944.

Sec. 294. (a) (2) If extension granted.

Same as 1944.

Taxable Years Beginning in 1944

If

Sec. 293. (a) Negligence. any part of any deficiency is due to negligence, or intentional disregard of rules and regulations but without intent to defraud, 5 per centum of the total amount of the deficiency (in addition to such deficiency) shall be assessed, collected, and paid in the same manner as if it were a deficiency, except that the provisions of section 272 (i), relating to the prorating of a deficiency, and of section 292, relating to interest on deficiencies, shall not be applicable.

Sec. 293. (b) Fraud. - If any part of any deficiency is due to fraud with intent to evade tax, then 50 per centum of the total amount of the deficiency (in addition to such deficiency) shall be so assessed, collected, and paid, in lieu of the 50 per centum addition to the tax provided in section 3612 (d) (2).

Sec. 294. Additions to the tax in case of nonpayment.

Sec. 294. (a) Tax shown on return.

Sec. 294. (a) (1) General rule. -Where the amount determined by the taxpayer as the tax imposed by this chapter, or any installment thereof, or any part of such amount or installment, is not paid on or before the date prescribed for its payment, there shall be collected as a part of the tax interest upon such unpaid amount at the rate of 6 per centum per annum from the date prescribed for its payment until it is paid.

Sec. 294. (a) (2) If extension granted.-Where an extension of time for payment of the amount so determined as the tax by the taxpayer, or any installment thereof, has been granted, and the amount the time for payment of which has been extended, and the interest thereon determined under section 295, is not paid in full prior to the expiration of the period of the extension, then, in lieu of the interest provided for in paragraph (1) of this subsection, interest at the

Taxable Years Beginning in 1949

rate of 6 per centum per annum shall be collected on such unpaid amount from the date of the expiration of the period of the extension until it is paid.

Taxable Years Beginning in 1946 and 1947

Sec. 294. (b) Deficiency.-Where a deficiency, or any interest or additional amounts assessed in connection therewith under section 292, or under section 293, or any addition to the tax in case of delinquency provided for in section 291, is not paid in full within ten days from the date of notice and demand from the collector, there shall be collected as part of the tax, interest upon the unpaid amount at the rate of 6 per centum per annum from the date of such notice and demand until it is paid. If any part of a deficiency prorated to any unpaid installment under section 272 (i) is not paid in full on or before the date prescribed for the payment of such installment, there shall be collected as part of the tax interest upon the unpaid amount at the rate of 6 per centum per annum from such date until it is paid.

Sec. 294. (c) Filing of jeopardy bond.-If a bond is filed, as pro- bond. vided in section 273, the provisions of subsection (b) of this section

Sec. 294. (c) Filing of jeopardy

Same as 1944.

Sec. 294. (c) Filing of jeopardy bond.

Same as 1944.