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	GR No. 120935 2009-05-21	LUCAS G. ADAMSON v. CA PUNO, C.J.
The case of CIR v. Pascor Realty, et al.[11] is relevant. In this case, then BIR Commissioner Jose U. Ong authorized revenue officers to examine the books of accounts and other accounting records of Pascor Realty and Development Corporation (PRDC) for 1986, 1987 and 1988. This resulted in a recommendation for the issuance of an assessment in the amounts of P7,498,434.65 and P3,015,236.35 for the years 1986 and 1987, respectively.
	GR No. 161953 2008-03-06	PILIPINAS SHELL PETROLEUM CORPORATION v. REPUBLIC CORONA, J.
Assessments inform taxpayers of their tax liabilities.[36] Under the TCCP, the assessment is in the form of a liquidation made on the face of the import entry return and approved by the Collector of Customs.[37] Liquidation is the final computation and ascertainment by the Collector of Customs of the duties due on imported merchandise based on official reports as to the quantity, character and value thereof, and the Collector of Customs' own finding as to the applicable rate of duty.[38] A liquidation is considered to have been made when the entry is officially stamped "liquidated."[39]