CTA Case No. 3743 (Resolution)

aii'IJBLIC OP 'filE. PHILIPP~ COURT OF TAX APPE.t\1..8 -. QUIZON C1.1Y ALLIED GUARANTEE INSURANCE COMPAI\JY , INC � , Petitioner , - versus- C�T �A� CASE NO � 3743 THE ACTING COMivU SSiuNER OF INT ELNAL REVENUE , x _ _ _ _ _ _ _ _ ~e~p~n9e~t! x R E S 0 LUT I 0 N Acting on the 11 .Mot ion To Withdraw Pet it ion For Review 11 filed by petitioner ori November 7 , 1986 on the ground that the parties have reached a compromise settle- ment of this case wher eb y respondent has applied the amount of P255 ,864 . 29 covered by Tax Credit Memo No. 3266 against the 1978 deficiency tax assessments of petitioner totalling P276 , 162 . 71 per Tax Debit Memo No . 0982- 86 dated August 20 , 1986 , and there being no object - ion on the part of r espondent ; The Court resolves , as pr ayed for, to grant said motion . Let the petition for review be considered withdrawn and this case deemed closed and terminated . SO ORDERED � Quezon r 18 , 1986 �