CTA Case No. 1399 (Amended Decision)

REPURT.TC OF THE PHILl 'PIN .8 OQU h. Y' TAX APPEALS QUEZON CITY cToA.L,ISI -c.,ILAY LLI l~!Jt titioner, J) I 1 - v rsu - Cl \rvu-.pf C. � � C E 0 � 1399 11+06 IO 0 L ' R p nd nt. X- � - ~ � - - ~ - - � ~- X D D CI IO tition � ~ r eo sid r tion of th d ei- sion in he bove- e~ t. tl d e s r nd d on D e b r 29, 1965. In th said ~ ci ion, p tition r w order to pay respo dent th r at ount o 219 ,399.91 a d fie ency inca t for t y r 957 to 1961. owever, i ha 6n shown to t tistaction of the Court th t a t he tic l error in t copying of the figur s and i n t h c putation h ve b in dv r- tent y eo itt d. erefor , th co put tion 1 h r by nd d s ollow 1 dedta inUcnalleowp blr dtudrnue-t-io-n--: ------- 81+6,131.97 ( ) Depreciation - 46 4 4 jus-~-~n--t~------~-------------------------~- ... ... Total ~r~~~~~~ t inco ~ Inco tax du th reon ----------- Lesss ount already asses d ---- --~~~~~ D ICIE C TAX D ---------- ...., ...,.._.-.. 27

DED D CI IO C. T�� C S 0 � 1399 406 .- 2 - ill�. turn ---- -~------ 1,~ . 634. 33 et 1neo 331,)16. 54 ddt Unal 46,24-1.4-1 (1) (2) 778.85) (3) .l2Ql 1noo p r r 2, 021 9639.,10 nallowabl due 1 n t (l) D pr oi t1 n - 46 ,241. l (2) rtilizer� T nture - ---- { 74-.85) bit "L" il 28

A D CI I C. T�� C 0� 1399 1~06 - 3- 0 Less a IC 1957 ---- -- 11~2,,901 � 19,17 .� co 95 -------- 19,03 13, 650,Q 1959 - - -- -- -- 19 0 -------- D 791 0J;t. oo 1961 -------- OT L OU COLLECT I i th ard o our , 1 OL t �ation of pres- cription or th y 195? d uetibi ity of th bonu s of th J ir c o zucar r 1 t w fin no 1 0 d 1a. .th oofrv � h r by ord r d r sp d nt th o 79 , 031. 00 a de 1e1 cy in- c e tax or t he 957 to 1961, plus th corres- p0 Sec io 5l(d) of th e- v nue Co � d ficiency tax 1 not � id in tul w1 hi thirty (3 0 I 0 th d t th1 cl. aion bc 1 tor , pet1t1 sure ot f i r c t <5 ) of he unpaid ount, plus in r .t t r t ot c t (1 ) nt , co put d tro th at th1 d i ion a in 1 til p, 1 � .rov1d t t t axi ount b col t a t r t shal not xce d th ount ,. 2 9

-- r r pon i n to per iod <> hre (3) y r � 1th- out p o c s t co ts . � ' zo C1 t y, ~ r ch 966. � ?u u � 11 30