CTA Resolutions CTA Case No. 439439 1959-11-03

CTA Case No. 439 (Resolution)

~ntJIIfTRLIC OP Tim PHILIP TN COURT OF TAX APPEAI..s UANILA LurlENZ v . \ , m 1,Li-.i , etitioner p - versus - C� � f . CASE 0 . 439 THE CO LEC10. OF Il T ") .... � EVb~U.E , I >).,.. espondent . X- - - - -- - - - - X H. E v L� L U T I 0 i-.J The petitioner appealed from the decision of respon- dent holding the former liable for the payment of the sum of --42 , 367 . 80 , as deficiency income tax and penalties for the years 1945 , 19 6 , 1947 , 1948 , 1950, 1951 and 1953. It appears that after the filing of the appcRl , pe- titioner sou~ht a reconsider2tion of the assassment p and , after due investigativn, the parties agreed to settle the c ase uy cotnpromise , respondent proposing and petitioner agre ing to pay the sum of ~27 , 883 . 3~ , in lieu of the sum of ~4L , 367 . 80 previously assessed. The parties having settled the c ase 'Oy co1npromise vJithout the intervention of this Court , petitioner has filed a petition to Withdraw its appeal . ).::;) l r.Y"'cl! f(., , the petition to Withdraw the appeal iS hereoy granted. Manila , r ovemoer ~ ~ 1959 .

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