ICONIC DEALERSHIP, INC. [AS SURVIVING CORPORATION IN A MERGER INVOLVING HONDA CARS MAKATI, INC.] v. COMMISSIONER OF INTERNAL REVENUE`.

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY FIRST DIVISION ICONIC DEALERSHIP, INC. CTA CASE NO. 10887 [AS SURVIVING CORPORATION IN A Members: MERGER INVOLVING DEL ROSARIO, P.J.) Chairperson) HONDA CARS MAKATI, INC.], BACORRO-VILLENA, and Petitioner) CUI-DAVID, JJ. -versus- COMMISSIONER OF Promulgated: INTERNAL REVENUE, Y/ Respondent. }(- - - - - - - - - - - - - - - - - - - - - - - - - - On August 10, 2023, petitioner filed its Omnibus Motion 1. Motion to Withdraw the Petition for Review and 2. Motion to Defer the Submission of the Formal Offer of Evidence. On August 23, 2023, the Court granted the petitioner's Motion to Defer the Submission of the Formal Offer of Evidence. After being ordered to comment on petitioner's Omnibus Motion in the Court's Resolution dated August 23, 2023, respondent filed his Manifestation (in lieu ofComment} on September 11, 2023. In petitioner's Omnibus Motion, petitioner states that it has decided not to pursue the Petition for Review "upon [its] further evaluation of the case." In respondent's Manifestation, he manifests that he submits to the sound discretion of the Court the resolution of petitioner's Omnibus Motion. Section 3, Rule 50 of the Rules of Court, which applies suppletorily under Section 3, Rule 1 of the Revised Rules of the Court of Ta}( Appeals, 1 provides: 1 SECTION 3. Applicabil ity of the Rules of Court. - The Rul es of Court in the Philippines shall apply suppletorily to these Rules.

RESOLUTION , CTA Case No. 10887 Iconic Dealership, Inc. [As Surviving Corporation in a Merger Involving Honda Cars Makati, Inc.] vs. Commissioner of Internal Revenue x---------------------------------------------- ---- -- ---------------------- ----------------x Section 3. Withdrawal of a ppeal. -An appeal may be withdrawn as of right at any time before the filing of the appellee's brief. Thereafter , the withdrawal may be a llowed in the discretion of the court. WHEREFORE, premises considered, petitioner's Motion to Withdraw the Petition for Review is GRANTED. Accordingly, the above-captioned case is deemed CLOSED and TERMINATED. SO ORDERED. ON OffiCIAL BUSINESS ROMAN G. DEL ROSARIO Presiding Justice \ JEANMA LANM/f!Jfwm Associate Justice