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CBK Power Company Limited Vs. Commissioner of Internal Revenue

CBK POWER COMPANY LIMITED, Petitioner, vs. COMMISSIONER OF INTERNAL REVENUE, Respondent.

G.R. No. 198729-30 | 2014-01-15

FIRST DIVISION

DECISION

SERENO, CJ:

This is a Petition for Review on Certiorari1 under Rule 45 of the 1997 Rules of Civil Procedure filed by CBK Power Company Limited (petitioner). The Petition assails the Decision2 dated 27 June 2011 and Resolution3 dated 16 September 2011 of the Court of Tax Appeals En Banc (CTA En Banc) in C.T.A. EB Nos. 658 and 659. The assailed Decision and Resolution reversed and set aside the Decision 4 dated 3 March 2010 and Resolution5 dated 6 July 2010 rendered by the CT A Special Second Division in C.T.A. Case No. 7621, which partly granted the claim of petitioner for the issuance of a tax credit certificate...