CTA Case No. 3114 (Resolution)

~EPUBLIC OF THE PHILlPPlNES c �JURT OF TAX APPEALS QUEZON CITY HONGKONG AND SI-I.ANGHAI C. T�.A.. CASE NO . 3114 � BAN'GNG CC;RPORATION , C. T. A. CASE NO . 3353 Petitioner , - versus - THE ACTING COBJ.USSIONER OF INT ~HNAL :REVENUE , Respondent. X- - - - - - - - - - - X HONGKOl'JG AND SHANGHAI BANKING CORPORATION ? Petitloner , - versus - THE ACT DJG COH'HSSIO:tJER OF INTERi\AL REVE~JUE , Respondent . X- - - - - - - - - - - X RE S 0 LUT I 0 ~ It appearing that petitioner is no longer interested in pursuing its appeals to this Court as indicated in its motions to withdraw petition for review filed on November 12 , 1984 on the gronnd that the deficiency income taxes s ought to be collected herein he.ve already been settled thru a Compro"llise Agreement date~ .Jnly 18 , 1984 executed by the parties , with petitioner paying the amount of P583 , 165.�22 as shown by the corresponding BIR Payment Order and Central Bank Confirmation Receipt , and with the conformity of counsel for respondent , the said motions are hereby GRANTED.

RESOLUTION - . CTA CASES NOS . 3114 AND 3353 - 2- Ac c ordingly , let the petitions for review b e conside r e d vlithdrawn and these cases deemed closed and terminated . SO ORDEHED�. Quezon City , Metro l-'Ianila , Decemb e r 10 , 1984 . � R~UIN .Judge