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Mariano Zamora Vs. Collector Of Internal Revenue 118 Phil. 164

MARIANO ZAMORA, petitioner, vs. COLLECTOR OF INTERNAL REVENUE and COURT OF TAX APPEALS, respondents.

G.R. No. L-15290 | 1963-05-31

D E C I S I O N


PAREDES, J.:

In the above-entitled cases, a joint decision was rendered by the lower court because they involved practically the same issues. We do so, likewise, for the same reason.
Cases Nos. L-15290 and L-15280
Mariano Zamora, owner of the Bay View Hotel and Farmacia Zamora, Manila, filed his income tax returns for the years 1951 and 1952. The Collector of Internal Revenue found that he failed to file his return of the capital gains derived from the sale of certain real properties and claimed deductions which were not allowable. The Collector required him to pay the sums of P43,758.50 and P7,625.00, as deficiency...