What action can be taken if Letter of Authority to examine from the BIR has prescribed?
Answer:
ordinarily, a letter of authority is an accountable form and the examiner in charge of such is given a deadline for submission of reports. he/she can only prolong it for so long or he can give it back but if the original is with you, then it menas that is has been served, thus, you have probably been lucky to have it prolonged or you have been blinded by the fact that a report had already been submitted for resolution and you are just going to be surprised when you receive a mail saying that you have so much in tax deficiencies based on available records or, you will be given a subpoena duces tecum to produce your records under penalty of law. Other Questions and Answers: