CTA Case No. 4176 (Resolution)
COURT OF TAX REPUELIC QLUN CiIY QP: THE APPEALS PHIIIWAINT
EAWASAKI HEAVY INDUSTRIES, LTD.. Petitioner
- versue- C.T.A.CASE #O.4176
THE CONNISSIONER OP INTSRNAL REVENUE Respondent
RESOLUTION
Acting On the "Mot+en TE Withdrew Petition" filex by
petiticner on January 8 1988 D0 the ground that the claims for
refund nourting to P1.679,75.00 and 72,074,758.00 Pepresenting
overpeid incoime taxes for the fiscal yrs ended March 31, 1905
nd Merch 31 1906 renpectively haye heen carried forare and
mpplied against the incone L lisbilities of petitioner in the
nozt mucceeding fiscal yenrs endioe March Jt. 1985 and areh 31
t987 renpectively, bence , petitioner's eloction CG #poly the
Perundnble acpunta arainst the sncceedins yearg* income Sax
ligbilities hes resulted the extimguishment of the clains for
refund, anc with the conrorwity of respondent, the said motion is
hereby GRANTED.
Accordingly, let the petition ror review be withdrmm end
the case considered cioued and terminnted.
SO ODRD.
Duerou city, Wetro Manila, Jaer 1986
Euanet Presiding uage ANANTE F
EOSSYATE yaoeiateJndr ROACUIN
1 5
Want an analysis of this document?
Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.