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Lorenzo Ona vs. Commissioner of Internal Revenue (CIR)

LORENZO T. ONA, and HEIRS OF JULIA BUNALES, namely: RODOLFO B. ONA, MARIANO B. ONA, LUZ B. ONA, VIRGINIA B. ONA, and LORENZO B. ONA, JR., petitioners, vs. THE COMMISSIONER OF INTERNAL REVENUE, respondent.

G.R. No. L-19342 | 1972-05-25

D E C I S I O N 
 
BARREDO, J: 
 
Petition for review of the decision of the Court of Tax Appeals in CTA Case No. 617, similarly entitled as above, holding that petitioners have constituted an unregistered partnership and are, therefore, subject to the payment of the deficiency corporate income taxes assessed against them by respondent Commissioner of Internal Revenue for the years 1955 and 1956 in the total sum of P21,891.00, plus 5% surcharge and 1% monthly interest from December 15, 1958, subject to the provisions of Section 51 (e) (2) of the Internal Revenue Code, as amended by Section 8 of Republic Act No. 2343 and the...