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Cu Unjieng Sons Vs. Board Of Tax Appeals, Et Al. 100 Phil 1

CU UNJIENG SONS, INC., petitioner, vs. THE BOARD OF TAX APPEALS and THE COLLECTOR OF INTERNAL REVENUE, respondents.

G.R. No. L-6296 | 1956-09-29

D E C I S I O N


CONCEPCION, J.:

This is an appeal, taken by Cu Unjieng Sons, Inc., from a decision of the Board of Tax Appeals, now Court of Tax Appeals, dismissing the former's petition for review of a decision of the Collector of Internal Revenue, finding said corporation liable for the sum of P33,490.76, as deficiency income taxes for the years 1946 and 1947, plus the corresponding 5% surcharge and 1% monthly interest thereon, and affirming said decision, without costs.

The case was submitted to said Board of Tax Appeals upon a stipulation of facts, the pertinent part of which is:

"1. That the petitioner is a corporation duly...