BIR Ruling No. 038-65

May 13, 1965 BIR RULING NO. 038-65 Mr. Pedro S. Isorena 1825 Sandejas Pasay City S i r : In answer to your letter dated November 11, 1964, I have the honor to inform you that books of accounts and other business records of taxpayers are open to examination and inspection by internal revenue officers when properly authorized by the Commissioner, Regional Director, or Chief Revenue Officer. Said examination and inspection may be conducted in the taxpayer's place of business or outside thereof. In the latter case, however, the internal revenue officer concerned must issue a receipt (B.I.R. Form No 19.14) therefor. Under Section 580 of the Revised Administrative Code, internal revenue agents, Agent's Assistants and examiners may require the production of books of accounts under a subpoena duces tecum . Accordingly, said officers, when duly authorized to exercise or investigate a taxpayer, can validly order the latter submit his books of accounts and related records to the office of the former. (B.I.R. Ruling No. 251, s. 1958; Sec. 20 Rev. Regs. No. V-1; Field Circular No. V-88). aisadc Very truly yours, (SGD.) BENJAMIN N. TABIOS Acting Commissioner of Internal Revenue