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JurisprudenceG.R. No. 221590 -

G.R. No. 221590 - COMMISSIONER OF INTERNAL REVENUE, VS. ASALUS CORPORATION.

En Banc

Cited Laws

RA 441,RA 459RA 1
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TL;DR — Ruling

WHEREFORE, the instant Petition for Review is hereby GRANTED. Accordingly, the deficiency VAT assessment for taxable year 2007 and the compromise penalty are hereby CANCELLED and WITHDRAWN, on ground of prescription. SO ORDERED.

Decision

Ruling

WHEREFORE, the instant Petition for Review is hereby GRANTED. Accordingly, the deficiency VAT assessment for taxable year 2007 and the compromise penalty are hereby CANCELLED and WITHDRAWN, on ground of prescription. SO ORDERED.