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Philippine Aerospace Development Corp. vs. CIR

PHILIPPINE AEROSPACE DEVELOPMENT CORPORATION , petitioner, vs. COMMISSIONER OF INTERNAL REVENUE, respondent.

CTA EB Case No. 1035 | 2016-02-09

EN BANC

[C.T.A. EB CASE NO. 1035. February 9, 2016.]
(C.T.A. Case No. 7830)

PHILIPPINE AEROSPACE DEVELOPMENT CORPORATION , petitioner, vs. COMMISSIONER OF INTERNAL REVENUE, respondent.
 
AMENDED DECISION
 
RINGPIS-LIBAN, J:

This resolves petitioner's "Motion for Reconsideration (of the 11 March 2015 Decision)" filed on April 22, 2015.
 
Petitioner's motion for reconsideration asks the Court En Banc to reconsider its Decision dated March 11, 2015 on the ground that the Special First Division's Decision and Resolution did not consider significant facts that have obvious effects on the computation of the tax...