Practice question
A brief sales sample is projected over months when reliable records show the business was closed. Apply Elric Auxiliary’s reasonableness limit.
Legal references
- CIR v. Elric Auxiliary Services Corporation, G.R. No. 226945, February 19, 2026, main decision: https://lawphil.net/judjuris/juri2026/feb2026/gr_226945_2026.html
- NIRC, Sections 6 and 228: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html
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