Tax-1-cases-Exemption-from-Taxation-Construction-of-Tax-Exemptions

Jun 21st, 2015
Studypool Tutor
Central State University
Course: general
Price: $20 USD

Tutor description

This is a petition for review of the decision of the Court of Tax Appeals in its CTA Case No. 849, affirming the decision of the respondent Collector (now Commissioner) of Internal Revenue holding petitioner E. Rodriguez, Inc. liable for deficiency income tax in the sum of P63,880.00 for the year 1950. The records of the case show that on July 17, 1948, Congress enacted Republic Act No. 333, 1 pursuant to which the Republic of the Philippines sued the petitioner, among four other defendants, in Civil Case No. Q-54 of the Court of First Instance of Quezon City, for the expropriation of about 1,360,000 square meters of land owned by it and situated within the area delimited for the new capital city site.

Word Count: 14012
Showing Page: 1/18
G.R. No. L-23041 July 31, 1969E. RODRIGUEZ, INC.,petitioner,vs. THE COLLECTOR OF INTERNAL REVENUE and THE COURT OF TAX APPEALS,respondents.BARREDO,J.: This is a petition for review of the decision of the Court of Tax Appeals in its CTA Case No. 849, affirming the decision of the respondent Collector (now Commissioner) of Internal Revenue holding petitioner E. Rodriguez, Inc. liable for deficiency income tax in the sum of P63,880.00 for the year 1950. The records of the case show that on July 17, 1948, Congress enacted Republic Act No. 333, 1 pursuant to which the Republic of the Philippines sued the petitioner, among four other defendants, in Civil Case No. Q-54 of the Court of First Instance of Quezon City, for the expropriation of about 1,360,000 square meters of land owned by it and situated within the area delimited for the new capital city site. After due trial, the said court rendered a decision in the case, dated February 21, 1950, with the following dispositive portion: WHEREFORE, judgment is hereby rendered, declaring plaintiff entitled to retain and appropriate the property involved in this proceeding, as site for the development and establishment of the new capital city of the Philippines in accordance with our condemnation order dated September 19, 1949; and ordering plaintiff to pay defendants, as just compensation for the lands to be taken from them, the following amounts, to wit: to de

Review from student

Studypool Student
" Top quality work from this guy! I'll be back! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1823 tutors are online

Other Documents

06/21/2015
06/21/2015

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors