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CIR vs. Shinko Electric

COMMISSIONER OF INTERNAL REVENUE, PETITIONER, VS. SHINKO ELECTRIC INDUSTRIES CO., LTD., RESPONDENT.

G.R. No. 226287 | 2021-07-06

FIRST DIVISION

DECISION
 
CAGUIOA, J:
 
This Petition for Review on Certiorari[1] (Petition) under Rule 45 of the Rules of Court filed by petitioner Commissioner of Internal Revenue (CIR) seeks the reversal and setting aside of the Decision[2] dated January 4,2016 and Resolution[3] dated August 1,2016 of the Court of Tax Appeals (CTA) En Banc (CTA EB) in CTA EB No. 1180. The CTA EB denied the CIR's petition for review and affirmed the Decision[4] dated February 10, 2014 and Resolution[5] dated May 6, 2014 of the CTA Special Third Division (CTA Division), which cancelled the Final Assessment Notice...