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Collector Of Internal Revenue Vs. Pio Barretto Sons, Inc.

COLLECTOR OF INTERNAL REVENUE, petitioner, vs. PIO BARRETTO SONS, INC., respondents.

G.R. No. L-11805 | 1960-05-31

D E C I S I O N


LABRADOR, J.:

This is an appeal from a decision of the Court of Tax Appeals, declaring respondent Pio Barreto Sons, Inc. exempt from the payment to the total amount of P79,933.41, representing (1) forest charges and 300% surcharges on alleged purchases of logs not accompanied by auxiliary invoices for the years 1947 to 1949; (2) forest charges and 300% surcharges on undeclared purchases of logs in 1949 and 1951; (3) 50% surcharges for discharging without permit from 1948 to 1949; (4) and deficiency sales tax and surcharge from 1947 to 1949. The exact amounts are detailed in a letter of the Collector of Internal Revenue...