United States Board of Tax Appeals May 29, 1941, Docket Nos. 99820, 102494 (Union Telephone Co. v. Commissioner)

*612OPINION.

Kern :

To be eligible for a credit created for the benefit of taxpayers, strict'compliance with the terms of the section granting the credit must be shown. New Colonial lee Co. v. Helvering, 292 U. S. 435; Helvering v. Northwest Steel Rolling Mills, Inc., 311 U. S. 46; Boeckler Lumber Co., 43 B. T. A. 804.