CTA Case No. 4471 (Resolution)

' REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY AGROTEX COMMODITIES, INC., Petitioner, -versus - C.T.A. CASE NO. 4471 ..THE COMMISSIONER OF INTERNAL REVENUE, )( - - - - - - - - - - Respondent. )( RE S 0 L UT I 0 N Petitioner on April 10, 1991 filed a Motion to Dismiss alleging that respondent had approved its offer to compromise, and that on March 1991 the compromise amo1..tnt of P461,969.40 was paid utilizing the tax credit in its favor for the purpose. Tax Debit Certificate No. 0117-91 dated March 25, 1991 was said to be issued to petitioner evidencing payment of the compromise amount. Respondent did not interpose any objection to the moti-on. ACCORDINGLY, the motion to dismiss is GRANTED and this case should be as it is hereby DISMISSED with prejudice as petitioner has been released and discharged of the claim with its payment of the amount agreed upon in the compromise agreement. SO ORDERED. Quezon City, Metro Manila, July 01, 1991. ~~ residing Judge Associate Judge Judge