CTA Case No. 3689 (Resolution)

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY CHENG BAN YEK & COMPANY, INC., C.T.A. CASE NO. 3689 Petitioner, - versus - THE COMMISSIONER OF INTERNAL REVENUE, Respondent. X - - - - - - - - - -- - - X R E S 0 L UT I 0 N Acting on the "Motion To Withdraw Petition For Review" filed by petitioner on September 21, 1988 on the ground that respondent has a1ready accepted the offer by petitioner to compromise this case by paying the amount of P823,492.94 in 24 monthly installments as evidenced by a letter of acceptance of respondent dated March 23, 1987 (p. 131, CTA rec.) and petitioner has been paying the monthly install ments; there being no objection on the part of respondent, the said motion is hereby GRANTED. Accordingly, let the petition for review be considered withdrawn and this case deemed closed and terminated. SO ORDERED. Quezon City,Metro Manila, September 29, 1988. R'O-AQ-UI N Judge