CTA Resolutions CTA Case No. 41764176 1988-01-26

CTA Case No. 4176 (Resolution)

COURT OF TAX REPUELIC QLUN CiIY QP: THE APPEALS PHIIIWAINT

EAWASAKI HEAVY INDUSTRIES, LTD.. Petitioner

- versue- C.T.A.CASE #O.4176

THE CONNISSIONER OP INTSRNAL REVENUE Respondent

RESOLUTION

Acting On the "Mot+en TE Withdrew Petition" filex by

petiticner on January 8 1988 D0 the ground that the claims for

refund nourting to P1.679,75.00 and 72,074,758.00 Pepresenting

overpeid incoime taxes for the fiscal yrs ended March 31, 1905

nd Merch 31 1906 renpectively haye heen carried forare and

mpplied against the incone L lisbilities of petitioner in the

nozt mucceeding fiscal yenrs endioe March Jt. 1985 and areh 31

t987 renpectively, bence , petitioner's eloction CG #poly the

Perundnble acpunta arainst the sncceedins yearg* income Sax

ligbilities hes resulted the extimguishment of the clains for

refund, anc with the conrorwity of respondent, the said motion is

hereby GRANTED.

Accordingly, let the petition ror review be withdrmm end

the case considered cioued and terminnted.

SO ODRD.

Duerou city, Wetro Manila, Jaer 1986

Euanet Presiding uage ANANTE F

EOSSYATE yaoeiateJndr ROACUIN

1 5

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