BIR Ruling

January 16, 1974 The Regional Director Revenue Region No. 20 Bureau of Internal Revenue Zamboanga City S i r : There is referred to you herewith the letter dated December 3, 1971 and its enclosures, of Mr. Jose C. Go relative to the income tax case of his client, Southern City Colleges, Inc., of that City, involving the amount of P8,261.18, for consolidation with the main docket which was forwarded to that Office in our letter dated February 13, 1971. cdi The requested ruling as to whether or not the Revenue Director acting for and in behalf of the Commissioner is authorized to grant the Southern City Colleges, Inc. the authority to change its accounting system from the accrual to the cash basis is answered in the affirmative. Revenue Administrative Order No. 14-64 dated November 2, 1964 delegated to and vested in the Regional Director the general powers and functions exercised by the Commissioner of Internal Revenue over the administration and enforcement of internal revenue laws and regulations including that of changing the accounting system of any taxpayer within his region. This authority was likewise delegated when the Bureau has decentralized its office for the first time into eight (8) regions under Revenue Regulations No. V-48 dated July 12, 1956. acd Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."