CTA Case No. 3429 (Resolution)

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY ALFONSO T. YUCHENGCO, Petitioner, - versus - C. T. A. CASE NO . 3429 COM~ISSIONER OF INTERNAL REVENUE, Respondent . X- - - - -- - - -X R ES 0 LUT I 0 N Acting on the "l1'lotion To l ithdra't/ Petition or Revie\�/ And t~otion For Reconsideration" filed by petitioner on October 19, 1988 on the ground that the subject matter of the instant case has already been compromised in an extra- judicial settlement of the case , duly accepted by respondent as per his manifestation filed on October 3, 1988, with petitioner paying the amount of P357,572 . 20, representing 20% of the adjudged basic deficiency income ta:' due from hirrr for the year 1974, the sa i d motion and manifestation are hereby NOTED . As prayed for, let the pet it ion for revi evJ as well as the motion for reconsideration filed by petitioner be considered withdrawn and the instant case deemed closed and terminated . SO ORDERED . Quezon city, f,1etro fv!anila, November 7, 1988 . ~~ AMANTE F Presidi Judge