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JurisprudenceG.R. No. 146221 -

G.R. No. 146221 - ATLAS CONSOLIDATED MINING AND DEVELOPMENT CORPORATION, VS. COMMISSIONER OF INTERNAL REVENUE.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 24RA 1125RA 8424RA 571
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TL;DR — Ruling

WHEREFORE, in view of the foregoing, Respondent's motion to modify a portion of Our Decision, dated September 11, 1998, is GRANTED. Accordingly, the decretal portion of said Decision is modified as follows: "IN THE LIGHT OF ALL THE FOREGOING, petitioner's claim for refund or issuance of a tax credit certificate is hereby DENIED, considering that the tax credit previously granted by this Court in the amount of P13,451,536.

Decision

Ruling

WHEREFORE, in view of the foregoing, Respondent's motion to modify a portion of Our Decision, dated September 11, 1998, is GRANTED. Accordingly, the decretal portion of said Decision is modified as follows: "IN THE LIGHT OF ALL THE FOREGOING, petitioner's claim for refund or issuance of a tax credit certificate is hereby DENIED, considering that the tax credit previously granted by this Court in the amount of P13,451,536.15 has already been given by respondent and the rest of the claim was denied due to insufficiency of evidence. No pronouncement as to costs. SO ORDERED.