SUPREME COURT DECISIONS

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Endnotes:


1 Penned by Associate Justice Isaali S. Isnani and concurred in by Associate Justice Nathanael P. De Pano, Jr. and Associate Justice Corona Ibay Somera; rollo, pp. 101-104.

2 Penned by Ernesto D. Acosta, Presiding Judge, concurred in by Associate Judge Manuel K. Gruba and Associate Judge Ramon O. De Veyra; rollo, pp. 33-47.

3 Rollo, pp. 70-73.

4 Supra, see note 1, at p. 103.

5 Supra, see note 2, at p. 46.

6 Supra, see note 3, at 73.

7 Memorandum of petitioner, rollo, pp. 179-198, at p. 183.

8 Ibid., at p. 194.

9 Supra, See note 2, pp. 37-38.

10 108 SCRA 142 (1981).

11 204 SCRA 957 (1991).

12 205 SCRA 184 (1992).

13 Napocor v. Province of Albay, 186 SCRA 198 (1990), at p. 207.

14 Teodoro and de Leon, Law on Income Taxation, 1993 ed., at 485.

15 244 SCRA 446 (1995).

16 Declaration of Corporate Quarterly Income Tax (now Sec. 75, 1997 NIRC).

17 Final Adjustment Return (now Sec. 76, 1997 NIRC).

18 Place of Filing (now Sec. 77, 1997 NIRC).

19 Supra, see note 15, at p. 453.

20 People v. Hernandez, 59 Phil. 272 (1933) at p. 276; Molina v. Rafferty, 37 Phil. 545 (1918) at p. 555.

21 Commissioner of Internal Revenue v. Court of Appeals, 240 SCRA 368 (1993) at p. 372.

22 108 Phil. 1091 (1960).

23 Ibid., at pp. 1093-1094.

24 Republic v. Intermediate Appellate Court, 209 SCRA 90 (1992); DBP v. Commission on Audit, 231 SCRA 202 (1994); Sharp International Marketing v. CA, 201 SCRA 299 (1991); GSIS v. CA, 218 SCRA 233 (1990 citing Beronilla v. GSIS, 36 SCRA 44, 55 (1970); Republic v. PLDT, 26 SCRA 620 (1969); Pineda v. CFI of Tayabas, 52 Phil. 803 (1929); Benguet Consolidated Mining Co v. Pineda, 98 Phil. 711 (1956); Republic v. Philippine Rabbit Bus Lines, Inc., 32 SCRA 211 (1970); People v. Castaneda, 165 SCRA 327 (1988).

25 Supra, see note 1, at p. 102.

26 Sec. 8. Judicial decisions applying or interpreting the laws or the Constitution shall form a part of the legal system of the Philippines.

27 Tan Guan v. Court of Tax Appeals, 19 SCRA 903 (1967) at p. 907; Compania General de Tabacos de Filipinas v. City of Manila, 8 SCRA, 367 (1963) at p. 372.

28 Commissioner of Internal Revenue v. Tokyo shipping Co., Ltd., 244 SCRA 332, Province of Tarlac v. Alcantara, 216 SCRA 790, Philippine Petroleum Corp. v. Municipality of Pililla Rizal, 198 SCRA 82, Commissioner of Internal Revenue v. Mitsubishi Metal Corp., 181 SCRA 214.

29 Sec. 69. Final Adjustment Return-- Every corporation liable to tax under Section 24 shall file a final adjustment return covering the total net income for the preceding calendar or fiscal year. If the sum of the quarterly tax payments made during the said taxable year is not equal to the total tax due on the entire taxable net income of that year the corporation shall either:

a) Pay the excess tax still due; or

a) Be refunded the excess amount paid, as the case may be.

In case the corporation is entitled to a refund of the excess estimated quarterly income taxes paid, the refundable amount shown on its final adjustment return may be credited against the estimated quarterly income tax liabilities for the taxable quarters of the succeeding taxable year.

30 Supra, see note 1, at p. 103.

31 Philippine Refining Company v. Court of Appeals, 256 SCRA 667 (1996) at p. 676, citing: The Coca-Cola Export Corporation v. Commissioner of Internal Revenue, et al., L-23604, March 15, 1974, 56 SCRA 5; Nasiad, et al. v. Court of Tax Appeals, L-29318, November 29 1974, 61 SCRA 236.




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