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Mindanao Bus Company Vs. Collector Of Internal Revenue

MINDANAO BUS COMPANY, petitioner, vs. THE COLLECTOR OF INTERNAL REVENUE, respondent.

G.R. No. L-14078 | 1961-02-24

D E C I S I O N 


LABRADOR, J.: 

Appeal by certiorari from a decision of the Court of Tax Appeals, ordering the petitioner-appellant Mindanao Bus Company to pay P15,704.16, as documentary stamp taxes for the period from January 1, 1948 up to September 16, 1953. The decision sought to be reviewed modifies an assessment by the Collector of Internal Revenue eliminating the compromise penalty imposed by the Collector. 

Petitioner is a common carrier engaged in transporting passengers and freight by means of auto-buses in Northern Mindanao, under certificates of public convenience issued by the Public Service Commission. Sometime in...