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Bonifacia Sy Po vs. Court of Tax Appeals

BONIFACIA SY PO, petitioner, vs. HONORABLE COURT OF TAX APPEALS AND HONORABLE COMMISSIONER OF INTERNAL REVENUE, respondents.

G.R. No. L-81446 | 1988-08-18

D E C I S I O N


SARMIENTO, J.:

This is an appeal from the decision 1 of the respondent Court of Tax Appeals, dated September 30, 1987, which affirmed an earlier decision of the correspondent Commissioner of Internal Revenue in assessment letters dated August 16, 1972 and September 26, 1972, which ordered the payment by the petitioner of deficiency income tax for 1966 to 1970 in the amount of P7,154,685.16 and deficiency specific tax for January 2, 1964 January 19, 1972, in the amount of P5,595,003.68.

We adopt the respondent court's finding of facts, to wit:

Petitioner is the widow of the late Mr. Po Bien Sing who died on September 7,...