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    SY PO Vs CA

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    Daryll Gayle Asuncion
    The Supreme Court upheld tax deficiency assessments made by the Bureau of Internal Revenue (BIR) against Po Bien Sing, the owner of a wine manufacturing company. The BIR investigated the company based on a denunciation of tax evasion and assessed deficiencies in income tax and specific tax after the owner failed to present the company's books for examination. The Court held that tax assessments are presumed correct unless proven otherwise by the taxpayer. In the absence of proof of irregularities, the Court will not disturb assessments duly made by BIR examiners and approved by superiors.

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    SY PO Vs CA

    Uploaded by

    Daryll Gayle Asuncion
    37 views1 page
    The Supreme Court upheld tax deficiency assessments made by the Bureau of Internal Revenue (BIR) against Po Bien Sing, the owner of a wine manufacturing company. The BIR investigated the company based on a denunciation of tax evasion and assessed deficiencies in income tax and specific tax after the owner failed to present the company's books for examination. The Court held that tax assessments are presumed correct unless proven otherwise by the taxpayer. In the absence of proof of irregularities, the Court will not disturb assessments duly made by BIR examiners and approved by superiors.

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    SY PO vs CA

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    SY PO vs CA

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    The Supreme Court upheld tax deficiency assessments made by the Bureau of Internal Revenue (BIR) against Po Bien Sing, the owner of a wine manufacturing company. The BIR investigated the company based on a denunciation of tax evasion and assessed deficiencies in income tax and specific tax after the owner failed to present the company's books for examination. The Court held that tax assessments are presumed correct unless proven otherwise by the taxpayer. In the absence of proof of irregularities, the Court will not disturb assessments duly made by BIR examiners and approved by superiors.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    37 views1 page

    SY PO Vs CA

    Uploaded by

    Daryll Gayle Asuncion
    The Supreme Court upheld tax deficiency assessments made by the Bureau of Internal Revenue (BIR) against Po Bien Sing, the owner of a wine manufacturing company. The BIR investigated the company based on a denunciation of tax evasion and assessed deficiencies in income tax and specific tax after the owner failed to present the company's books for examination. The Court held that tax assessments are presumed correct unless proven otherwise by the taxpayer. In the absence of proof of irregularities, the Court will not disturb assessments duly made by BIR examiners and approved by superiors.

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    © All Rights Reserved
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    of 1

    SY PO vs.

    CTA

    G.R. No. 81446; August 18, 1988

    Facts: Po Bien Sing, the sole proprietor of Silver Cup Wine Factory (SCWF), engaged in the business of
    manufacture and sale of compounded liquors. On the basis of a denunciation against SCWF allegedly
    "for tax evasion amounting to millions of pesos, Secretary of Finance directed the Finance-BIR--NBI team
    to investigate.

    On the basis of the team's report of investigation, the respondent Commissioner of Internal Revenue
    assessed Mr. Po Bien Sing deficiency income tax for 1966 to 1970 in the amount of P7,154,685.16 and
    for deficiency specific tax for January 2,1964 to January 19, 1972 in the amount of P5,595,003.68

    Petitioner protested the deficiency assessments. The BIR recommended the reiteration of the
    assessments in view of the taxpayer's persistent failure to present the books of accounts for
    examination.

    Issue: WON the assessments have valid and legal basis.

    Held: The law is specific and clear. The rule on “The Best Evidence Obtainable” applies when a tax report
    required by law for the purpose of assessment is not available or when tax report is incomplete or
    fraudulent.

    The tax assessment by tax examiners are presumed correct and made in good faith. The taxpayer has
    the duty to prove otherwise. In the absence of proof of irregularities in the performance of duties, an
    assessment duly made by the BIR examiner and approved by his superior officers will not be disturbed.
    All presumptions are in favour of the correctness of tax assessments.

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