BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Apr 1, 1975
Full text
April 1, 1975 Mr. David Pastor Llorento Teves, Campos, Hernandez & Associates Fifth Floor, Magsaysay Bldg. T. M. Kalaw, Ermita, Manila S i r : In reply to your letter dated January 30, 1975, I have the honor to inform you that under Section 21 of Revenue Regulations No. V-1, otherwise known as the Bookkeeping Regulations, all the books registers, records, vouchers, and other supporting papers and documents prescribed by said regulations, shall be preserved intact, unaltered and unmutilated at least five years from the date of the last entry in each book or from the date of the last transaction, and the same shall be kept at all times in the place or business of the taxpayer, who shall produce them for examination or deliver the same or any of them for inspection outside of his place of business upon demand of any internal revenue officer. cdta Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN 1601-593-5
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