BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Mar 26, 1973
Full text
March 26, 1973 M/Sgt. Divino A. Chico (PAF) Systems Engineering Research & Development Division Directorate of Maintenance Engineering, 410 AMW Nichols Air Base, Pasay City S i r : In reply to your letter dated January 25, 1973, I have the honor to inform you that under Section 29 (a) of the Tax Code, the amounts paid to you for house rental and food allowances constitute additional compensation for services being rendered by you in the Philippine Air Force and, therefore, should be declared in your income tax return as part of gross income. The said allowances are, however deductible from your gross income as ordinary and necessary expenses provided that the claim for such deduction is substantiated by proof showing the amount actually spent. cdi Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.