PHPC CO., LTD. INC. v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY FIRST DIVISION PHPC CO., LTD., INC., C.T.A. CASE NO. 6896 Petitioner, Members: -versus- Acosta, Chairperson, Bautista, and COMMISSIONER OF INTERNAL Casanova, JJ. REVENUE, Upon oral manifestation of petitioner's counsel during the hearing on June 30, 2009, and the "Motion to Withdraw Petition" filed on June 22, 2009, stating that petitioner deemed it more beneficial to withdraw the instant petition and apply instead the excess creditable withholding tax against its income tax, the same is hereby GRANTED. WHEREFORE, the Petition for Review is hereby WITHDRAWN and this case is considered CLOSED and TERMINATED. SO ORDERED. L-v.. ERNESTO D. A COSTA Presiding Justice CAESAR A. CASANOVA Associate Justice 943