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10) What Are The Procedures in Filing Income Tax Returns (Itrs) ?

To file income tax returns (ITRs) with payment, taxpayers must submit triplicate copies to an Authorized Agent Bank if registered in that area, or the Revenue Collection Officer if no bank is available. For ITRs without payment, like refunds or breaks even, taxpayers submit to the concerned Revenue District Office where registered. Late no payment returns must be filed with an Authorized Agent Bank or local treasurer to pay any penalties.

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36 views

10) What Are The Procedures in Filing Income Tax Returns (Itrs) ?

To file income tax returns (ITRs) with payment, taxpayers must submit triplicate copies to an Authorized Agent Bank if registered in that area, or the Revenue Collection Officer if no bank is available. For ITRs without payment, like refunds or breaks even, taxpayers submit to the concerned Revenue District Office where registered. Late no payment returns must be filed with an Authorized Agent Bank or local treasurer to pay any penalties.

Uploaded by

Deopito Barrett
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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10) What are the procedures in filing Income Tax returns (ITRs)?

For with payment ITRs (BIR Form Nos. 1700 / 1701 / 1701Q / 1702 / 1702Q / 1704)

File the return in triplicate (two copies for the BIR and one copy for the taxpayer) with the
Authorized Agent Bank (AAB) of the place where taxpayer is registered or required to be
registered. In places where there are no AABs, the return will be filed directly with the Revenue
Collection Officer or duly Authorized Treasurer of the city or municipality in which such person
has his legal residence or principal place of business in the Philippines, or if there is none, filing
of the return will be at the Office of the Commissioner.

For no payment ITRs -- refundable, break-even, exempt and no operation/transaction,


including returns to be paid on 2nd installment and returns paid through a Tax Debit
Memo(TDM)

File the return with the concerned Revenue District Office (RDO) where the taxpayer is
registered. However, "no payment" returns filed late shall be accepted by the RDO but instead
shall be filed with an Authorized Agent Bank (AAB) or Collection Officer/Deputized Municipal
Treasurer (in places where there are no AABs), for payment of necessary penalties.

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