A liquid crystal panel for a color filter on thin film transistor (COT) type liquid crystal display (LCD) device includes: first and second substrates facing each other and having a display area and a non-display area, the non-display area is at a periphery of the display area; a gate line and a data line on the first substrate, the gate line and the data line crossing each other to define a pixel region in the display area; a thin film transistor connected to the gate line and the data line; a color filter layer over the thin film transistor; a black matrix on the color filter layer; a pixel electrode contacting the thin film transistor on the color filer layer; a common electrode on the second substrate; a first alignment key on the second substrate in the non-display area; a sealant between the first and second substrates at a boundary between the display area and the non-display area; and a liquid crystal layer between the pixel electrode and the common electrode.