BIR Ruling No. 010-61
BIR Ruling No. 010-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jan 10, 1961
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January 10, 1961 BIR RULING NO. 010-61 With reference to your letter dated . . . requesting an extension of time up to March 2, 1961, within which to submit your petition for reconsideration and/or appeal on the assessment made by this Office against your client, Beaterio del Santisimo Rosario de Molo, dated November 10, 1960, I have the honor to reiterate herein the decision in our letter to the former counsel of your client, dated November 10, 1960, to the effect that it is subject to income tax on its rental income. It is, therefore, requested that you urge your client to pay the amount of P11,404.00 as deficiency income tax. cdt
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