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Supreme Court Ruling on Tax Assessments by Gela Bea Barrios is a document available to read on EtoBox.

The Supreme Court affirmed the Court of Appeals decision that the BIR issued deficiency tax assessments beyond the five-year statute of limitations. The BIR initially assessed private respondent for deficiency income tax in 1975 which was paid. In 1980 and 1981, the BIR issued two more assessments for alleged deficiency donors tax regarding the 1974 sale of land, which private respondent contested. While the CTA ruled the limitation period did not apply due to alleged falsity, the Supreme Court found no bas

Author

Gela Bea Barrios

Language

EN