BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • May 3, 1973
Full text
May 3, 1973 Mr. Cristino S. Nonato 241 P. Victorino, Barangka Mandaluyong, Rizal S i r : In reply to your letter dated April 12, 1973, I have the honor to inform you that under Section 29(a) of the Tax Code, the stipend of P8.00 per day paid to you since June 15, 1972 constitute compensation for service being rendered by you as trainee at the Scientific Instruments Division, National Science and Institute of Technology, Manila and, therefore, should be declared in your income tax return as part of gross income. Very truly yours, (SGD.) CONRADO P. DIAZ Acting Commissioner of Internal Revenue
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