Commissioner of Internal Revenue v. Nagase Phils. Corp.

EN BANC [C.T.A. EB CASE NO. 1048. March 17, 2015.] (C.T.A. Case No. 7784) COMMISSIONER OF INTERNAL REVENUE , petitioner , vs . NAGASE PHILIPPINES CORPORATION , respondent . RESOLUTION On January 29, 2015, the Court issued a Decision, the dispositive portion thereof reads: " WHEREFORE , premises considered, the Petition for Review is DENIED for lack of merit . Accordingly, the Decision dated April 18, 2013 and resolution dated July 15, 2013 are hereby affirmed. SO ORDERED." On February 26, 2015, petitioner Commissioner of Internal Revenue (CIR) filed a Motion for Reconsideration stating that she received a copy of the Decision on February 10, 2015. In the Motion for Reconsideration, petitioner prayed that the Decision dated January 29, 2015 issued in the above-captioned case be reconsidered and set aside and another one be rendered ordering the respondent to pay deficiency income tax in the amount of P36,433,548.87 plus accrued deficiency and delinquency interest pursuant to Sections 249 (B) and (C) of the NIRC of 1997. AECIaD Before acting on the Motion for Reconsideration, respondent Nagase Philippines Corporation is hereby ordered to file its Comment thereon within ten (10) days from notice. SO ORDERED. Roman G. del Rosario, P.J., Juanito C. Castaeda, Jr., Lovell R. Bautista, Erlinda P. Uy, Caesar A. Casanova, Esperanza R. Fabon-Victorino, Cielito N. Mindaro-Grulla and Ma. Belen M. Ringpis-Liban, JJ., concur. Amelia R. Cotangco-Manalastas, J., is on leave.