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JurisprudenceG.R. No. 211449 -

G.R. No. 211449 - COMMISSIONER OF INTERNAL REVENUE, VS. TRANSFIELD PHILIPPINES, INC..DECISION - Supreme Court E-Library

En Banc

Cited Laws

RA 9282RA 9480RA 645RA 9480,
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TL;DR — Ruling

WHEREFORE, the Motion for Reconsideration (from the Decision dated 20 September 2011) dated October 11, 2011 filed by petitioner is hereby GRANTED. Consequently, the Warrant of Distraint and/or Levy dated September 08, 2008 is hereby declared NULL and VOID and of no legal effect. Respondent is now precluded from collecting the amount of P563,168,996.70, representing petitioner's tax liability for taxable year 2002, which is deemed settled.

Decision

Ruling

WHEREFORE, the Motion for Reconsideration (from the Decision dated 20 September 2011) dated October 11, 2011 filed by petitioner is hereby GRANTED. Consequently, the Warrant of Distraint and/or Levy dated September 08, 2008 is hereby declared NULL and VOID and of no legal effect. Respondent is now precluded from collecting the amount of P563,168,996.70, representing petitioner's tax liability for taxable year 2002, which is deemed settled. SO ORDERED.