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La Flor Dela Isabela vs. CIR

LA FLOR DELA ISABELA, INC., PETITIONER, VS. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

G.R. No. 202105 | 2021-04-28

THIRD DIVISION
 
D E C I S I O N
 
Hernando, J.:
 
Challenged in this Petition[1] are the February 2, 2012 Decision[2] and May 24,2012 Resolution[3] of the Court of Tax Appeals En Banc (CTA En Banc) in CTA EB No. 672, which denied petitioner La Flor Dela Isabela, Inc.'s (La Flor) petition for cancellation of assessments issued by respondent Commissioner of Internal Revenue (CIR) for lack of merit.
 
The Antecedents:
 
On September 6, 2000, the CIR issued a Letter of Authority[4] for the examination of La Flor's books of account for "all internal revenue taxes for the period...