Cited Laws
TL;DR — Ruling
WHEREFORE, petitioner is ORDERED to PAY the respondent the amount of P4,536,687.15 representing deficiency income tax for the year 1997, plus 20% delinquency interest computed from August 29, 2000 until full payment thereof pursuant to Section 249 (C) of the National Internal Revenue Code. However, the compromise penalties in the sum of P49,000.00 is hereby CANCELLED for lack of legal basis.
WHEREFORE, petitioner is ORDERED to PAY the respondent the amount of P4,536,687.15 representing deficiency income tax for the year 1997, plus 20% delinquency interest computed from August 29, 2000 until full payment thereof pursuant to Section 249 (C) of the National Internal Revenue Code. However, the compromise penalties in the sum of P49,000.00 is hereby CANCELLED for lack of legal basis. SO ORDERED.
G.R. No. 179085 - TAMBUNTING PAWNSHOP, INC., VS. COMMISSIONER OF INTERNAL REVENUE. D E C I S I O N - Supreme Court E-Library
G.R. No. 179085 -
CaseG.R. No. 167560 - COMMISSIONER OF INTERNAL REVENUE, VS. DOMINADOR MENGUITO.D E C I S I O N - Supreme Court E-Library
G.R. No. 167560 -
CaseG.R. No. 172359 - CHINA BANKING CORPORATION, VS. THE COMMISSIONER OF INTERNAL REVENUE.D E C I S I O N - Supreme Court E-Library
G.R. No. 172359 -