BIR Ruling

May 25, 1973 The Regional Director Revenue Region No. 11 Naga City S i r : In reply to your letter dated April 30, 1973 you are informed that the availment by Taxpayer X of the amnesty prescribed by Presidential Decree No. 23, as amended by Presidential Decree No. 67, relieved him from civil, criminal and administrative liabilities under the National Internal Revenue Code as of December 31, 1971. Such being the case, said taxpayer can no longer be held liable for the payment of the sum of P3,198.76 as income tax assessed against him by that Office for the year 1971. Besides Revenue Regulations No. 15-72 disqualifies availment of the Decree only to assessments made before October 20, 1972, date of promulgation of Revenue Regulations No. 8-72. In view thereof, steps should be taken by that Office towards the cancellation of the assessment in question, which was issued on March 16, 1973. cdtech Very truly yours, (SGD.) CONRADO P. DIAZ Acting Commissioner of Internal Revenue