NettetAppeal interposed by petitioner Limpan Investment Corporation against a decision of the Court of Tax Appeals, in its CTA Case No. 699, holding and ordering it (petitioner) to … NettetLimpan Investment Corporation vs. CIR, G.R. No. L-21570 July 26, 1966 B. BUREAU OF INTERNAL REVENUE 9. CIR vs. Hantex Trading Co., G.R. No. 136075, March 31, 2005 10. CIR vs. Benguet Corporation, G.R. No. 134587, July 8, 2005 C. TAX ON INDIVIDUALS AND CORPORATIONS Individuals 11. Garrison vs. Court of Appeals, …
Digest CORPORATION VS. CIR- G.R. No. L-21570 - Philippine Law
NettetLimpan vs CIR Facts Limpan Investment Corp is a domestic corporation engaged in the business of leasing real properties. Among its real properties are lots and buildings in … NettetThe point of view of the CIR is that the Income Tax Law, as the name implies, taxes upon income and not upon capital and property. • The essential difference between capital and income is that capital is a fund; income is a flow. A fund of property existing at an instant of time is called capital. magnetic protein shake mixer
3 Limpan Investment Corp Vs CIR, G.R. No. L-21570 July 26, 1966
NettetLimpan Investment Corp. v. CIR G.R. No. L-21570, July 26, 1996 Reyes, J.B.L., J: DOCTRINE: Since the deposits in court was resorted to due to the refusal of petitioner to accept the same, and was not the fault of its tenants, petitioner is deemed to have constructively received such rentals. NettetLlMPAN INVESTMENT CORPORATION, petitioner, vs. COMMISSIONER OF INTERNAL REVENUE, ET AL., respondents. Main Doctrine: Constructive receipt of income Income … NettetLimpan Investment Corporation vs CIR - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. digest digest Limpan Investment … nytimes cn