Books of Accounts of Taxpayers Previously Registered may be Used in Succeeding Years Without Registering Them Again
BIR Ruling No. 017-92 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jan 9, 1992
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January 9, 1992 BIR RULING NO. 017-92 232 598-88 017-92 Mr. Jose G. Reyes 17 Jesus Street San Francisco del Monte Quezon City S i r : This refers to your letter dated October 8, 1991 requesting opinion as to whether a taxpayer who has registered his books of accounts, e.g., General Ledger and General Journal and which can be used for several years, is still required to re-register the same with the B.I.R. In reply, please be informed in the negative. Revenue Regulations No. V-45 only require that books of accounts should be registered before using them. Hence, the books of accounts of taxpayers previously registered may be used in succeeding years without registering them again. It is requested however, that the portion pertaining to a particular year be properly labeled or marked. (BIR Ruling No. 447, Series of 1960; BIR Ruling No. 598-88 dated December 27, 1988) Very truly yours, (SGD.) JOSE U. ONG Commissioner of Internal Revenue
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