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Commissioner Of Internal Revenue Vs. Asturias Sugar Central, Inc.

COMMISSIONER OF INTERNAL REVENUE, petitioner, vs. ASTURIAS SUGAR CENTRAL, INC., respondent.

G.R. No. L-15013 | 1961-12-28

D E C I S I O N 


CONCEPCION, J.: 

Petitioner herein seeks a reconsideration of our decision in this case insofar as it affirms the award, made in the decision of the Court of Tax Appeals, of interest on the tax payments refundable to respondents herein. 

The motion is predicated upon the theory that the precedent established in Carcar Electric and Ice Plant Co., Inc. vs. Court of Tax Appeals (53 Off Gaz., 1068, 1071, 1073-1075), has been superseded by the decision in Court of Tax Appeals vs. St. Paul's Hospital of Iloilo (G.R. No. L-12127, May 25, 1959). This issue has already been decided in the negative in a resolution, dated...