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Commissioner of Internal Revenue vs. Philippine Global Communication, Inc.

COMMISSIONER OF INTERNAL REVENUE Petitioner, versus PHILIPPINE GLOBAL COMMUNICATION, INC., Respondent.

G.R. No. 167146 | 2006-10-31

FIRST DIVISION
 
D E C I S I O N 
 
CHICO-NAZARIO, J.: 
 
This is a Petition for Review on Certiorari, under Rule 45 of the Rules of Court, seeking to set aside the en banc Decision of the Court of Tax Appeals (CTA) in CTA EB No. 37 dated 22 February 2005,[1] ordering the petitioner to withdraw and cancel Assessment Notice No. 000688-80-7333 issued against respondent Philippine Global Communication, Inc. for its 1990 income tax deficiency. The CTA, in its assailed en banc Decision, affirmed the Decision of the First Division of the CTA dated 9 June 2004[2] and its Resolution dated 22 September 2004 in C.T.A. Case No....