Cited Laws
TL;DR — Ruling
WHEREFORE , premises considered, the instant Petition for Review is hereby GRANTED . Accordingly, respondent's Decision dated March 10, 2003, is REVERSED AND SET ASIDE . The Final Assessment Notice Nos. BW-99-CGT-0040-01 and BW-99-DST-0041-01, both dated September 10, 2001, assessing petitioner for deficiency CGT and DST in the amounts of P17,862,848.
WHEREFORE , premises considered, the instant Petition for Review is hereby GRANTED . Accordingly, respondent's Decision dated March 10, 2003, is REVERSED AND SET ASIDE . The Final Assessment Notice Nos. BW-99-CGT-0040-01 and BW-99-DST-0041-01, both dated September 10, 2001, assessing petitioner for deficiency CGT and DST in the amounts of P17,862,848.21 and P71,703.76, respectively, inclusive of interest, surcharge and compromise penalty for taxable year 1999 is hereby ordered CANCELLED . SO ORDERED.
G.R. NO. 166786 - MICHEL J. LHUILLIER PAWNSHOP, INC., VS. COMMISSIONER OF INTERNAL REVENUE.
G.R. NO. 166786 -
CaseG.R. No. 143672 - COMMISSIONER OF INTERNAL REVENUE, VS. GENERAL FOODS (PHILS.), INC..
G.R. No. 143672 -
CaseG.R. NO. 148380 - OCEANIC WIRELESS NETWORK, INC., VS. COMMISSIONER OF INTERNAL REVENUE, THE COURT OF TAX APPEALS, AND THE COURT OF APPEALS.
G.R. NO. 148380 -