CTA Case No. 4294 (Resolution)

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY DOWELL SCHLUMBERGER <EASTERN> INC., -PHILIPPINE BRANCH, Petitioner~, - ver~sus C.T.A. CASE NO. 4294 THE COMMISSIONER OF INTERNAL REVENUE, Respondent. x--�-- -�-�---�-x RE S 0 L UT I 0 N It appeat~i ng that petitioner~ is no longer~ inter~ested in put~suing i t s appeal to t h i s Com~t as indicated in the "Motion" filed on June 18, 1990 on the gt~ound that the deficiency income tax liability in the amount of r-:�925,095.93 sought to be collected herein has already been settled by way of compromise with petitionet~ paying the amount equivalent to 501- of the total basic tax due, or~ P289, 092. 48, as evidenced by the Bm~eau of Intet~nal Revenue Payment Order and Central Bank Confirmation Receipt No. B 17989769 dated November~ 10, 1989, as well as t~espondent' s cancellation of the assessment in question, and ther~e being no objection on the par~t of respondent, the said motion is hereby GRANTED.

RESOLUTION - CTA CASE NO. 4294 2- ACCORDINGLY , let the petition for re v iew be deemed withdrawn and the above-entitled case considered closed a nd termi nat ed . SO ORDERED. Quezon City, Mett~ o !VIanila, July 16, 1990. I I