¶1OPINION.
¶2The narrow question is whether respondent has carried his burden of proving that a fraudulent return was filed so as to avoid the statute of limitations
¶3But the complications of setting out deductible items, subtracting them from gross income, giving effect to available credits, and then computing and entering the net tax due are too well known to permit a valid inference that the tax shown by the return is of itself sufficient measure either of gross income actually reported or of deductions properly taken.
¶4Here we regard the failure to produce adequate evidence of the contents of the returns, upon whose falsity respondent relies, as fatal. On this issue petitioner is sustained.
¶5Reviewed by the Court.
¶6Decision will he entered under Bule 50.
¶7 SEC. 276. SAME — EXCEPTIONS.
¶8(a) False Return ok No Return. — In the case of a false or fraudulent return with intent to evade tax or a failure to file a return the tax may be assessed, or a proceeding in court for the collection of such tax may be begun without assessment, at any time,