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CIR vs. Next Mobile

COMMISSIONER OF INTERNAL REVENUE, PETITIONER, VS. NEXT MOBILE, INC. (FORMERLY NEXTEL COMMUNICATIONS PHILS., INC.), RESPONDENT.

G.R. No. 212825 | 2015-12-07

DECISION
 
VELASCO JR., J.:
 
This is a Petition for Review under Rule 45 of the Rules of Court seeking to reverse and set aside the Decision of the Court of Tax Appeals En Banc affirming the earlier decision of its First Division in CTA Case No. 7965, cancelling and withdrawing petitioner's formal letter of demand and assessment notices to respondent for having been issued beyond the prescriptive period provided by law.
 
The Facts

On April 15, 2002, respondent filed with the Bureau of Internal Revenue (BIR) its Annual Income Tax Return (ITR) for taxable year ending December 31, 2001. Respondent also filed its...