8 months BIR’s mistake leads Court of Tax Appeals to nullify deficiency findings MB
  By Jun Ramirez The Court of Tax Appeals (CTA) has granted the petition of a businessman from Legaspi City to void the deficiency tax assessment of the Bureau of Internal Revenue (BIR) for not following the correct investigation procedure. The CTA’s Special Third Division said the BIR used Letter Notice (LN), instead of Letter of Authority (LA) in auditing the financial records of Emilio Tan Ng Hua as required by the Tax Code and imposed the P 4.6 million deficiency income and value added tax for 2011. It said LN which serves another purpose should had been converted into ... more