Professional Documents
Culture Documents
277
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AGRICULTURAL LANDS
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278
RESIDENTIAL HOUSE
ASSESSMENTS
279
1953 1955
Antonio Roxas P7,010.00 P5,813.00
Eduardo Roxas 7,281.00 5,828.00
Jose Roxas 6,323.00 5,588.00
ROXAS Y CIA.:
1953
Tickets for Banquet in honor of S. Osmea P
40.00
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280
1955
Contribution to Our Lady of 50.00
Fatima Chapel, FEU
ANTONIO ROXAS:
1953
Contributions to
Pasay City Firemen Christmas 25.00
Fund
Pasay City Police Dept. Xmas fund 50.00
1955
Contributions to
Baguio City Police Christmas fund 25.00
Pasay City Firemen Christmas fund 25.00
Pasay City Police Christmas fund 50.00
EDUARDO ROXAS:
1953
Contributions to
Hijas de Jesus Retiro de 450.00
Manresa
Philippines Heralds fund for 100.00
Manilas neediest families
1955
Contribution to Philippines 120.00
Heralds fund for Manilas
neediest families
JOSE ROXAS:
1955
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281
282
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DISALLOWED DEDUCTIONS
283
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284
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ANTONIO ROXAS
Net income per return P315,476.59
Add: 1/3 share, profits in Roxas P153,249.15
y Cia.
_________________
285
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286
JOSE ROXAS
Net income per return P222,681.76
Add: 1/3 share, profits in Roxas P153,429.15
y Cia.
Less amount reported 146,135.46
Amount understated 7,113.69
Less 1/3 share of 7,042.02 71.67
contributions
disallowed from
partnership
but allowed as
deductions to
partners
Net income per P222,753.43
review
Less: Exemption 1,800 00
Net income subject P220.953 43
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to tax
Tax due P102.763.00
Tax paid 102,714.00
Deficiency P 49.00
Decision modified.
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