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Commissioner Of Internal Revenue Vs. Court Of Tax Appeals

THE COMMISSIONER OF INTERNAL REVENUE, petitioner, vs. COURT OF TAX APPEALS, EASTERN EXTENSION AUSTRALASIA AND CHINA TELEGRAPH COMPANY, LTD., respondents. Sycip, Salazar, Feliciano, Hernandez & Castillo for private respondent.

G.R. No. 44007 | 1991-03-20

D E C I S I O N


MEDIALDEA, J.:

The petitioner Commissioner of Internal Revenue challenges the decision of the respondent Court of Tax Appeals dated February 18, 1976 in CTA Case No. 2498 entitled "Eastern Extension Australasia and China Telegraph Co. Ltd. v. The Commissioner of Internal Revenue." The dispositive portion of said decision reads as follows:

"WHEREFORE, the decision of the respondent Commissioner of Internal Revenue appealed from is reversed. Respondent's income tax assessment of P21,523,288.37 issued against the petitioner is hereby cancelled and declared to be without any legal force and effect. No pronouncement as to...