BIR Ruling [DA-136-99]

March 8, 1999 BIR RULING [DA-136-99] Mr. Cipriano C. Azada 7th Floor, State Condominium 1 Bldg. 186 Salcedo Street Legaspi Village, Makati City S i r : This refers to your letter dated February 5, 1999 requesting on behalf of the heirs of the Estate of the late Consorcia C. Azada for extension of thirty (30) days within which to file the estate tax return pursuant to Section 90(C) of the Tax Code of 1997. LexLib It is represented that the late Consorcia C. Azada died on August 13, 1998 at San Pablo City; that you are constrained to make this request for the reason that the deceased left landholdings located in Camarines Sur; that you are still ascertaining the extent of the decedent landholdings and their value; that one of the children of the decedent had actually gone to the province several times for this purpose and yet has not been able to obtain the pertinent documents; and that you need more time to do so and prepare the return. In reply, please be informed that in view of the aforestated justifiable reason your request for an extension of thirty (30) days up to March 15, 1999 within which to file the estate tax return of the said estate is hereby granted pursuant to Section 90(C) of the Tax Code of 1997. It shall be understood that the estate shall be liable to the corresponding interest that have accrued thereon up to the time of filing of the return and payment of the estate tax due on the transmission of the said estate to the heirs pursuant to Section 249 of the Tax Code of 1997. (BIR Ruling No. DA-321-98 dated July 17, 1998) dctai Very truly yours, (SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue