Entry of Transactions in the Books of Accounts Beyond Prescribed Period
BIR Ruling No. 241-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Apr 15, 1959
Full text
April 15, 1959 BIR RULING NO. 241-59 The British Traders' Insurance Company, Ltd. P. O. Box 427, Manila Gentlemen : In connection with your request for permission to enter certain transactions in your books of accounts beyond the required period prescribed by the Bookkeeping Regulations, I have the honor to inform you that this Office cannot extend the period within which to enter transactions in the books of accounts beyond that prescribed by the Regulations. This Office is, therefore, constrained to deny your request. Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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