May 20, 2020
REVENUE MEMORANDUM CIRCULAR NO. 049-20
| SUBJECT | : | Providing Additional Options in the Acceptance and Processing of the Filed 2019 Income Tax Returns and Its Required Attachments and Providing Guidelines Thereon |
| TO | : | All Internal Revenue Officials, Employees and Others Concerned |
This circular is being issued to provide options to taxpayers in the submission of the filed 2019 Income Tax Return and its required attachments. Accordingly, taxpayers may opt to submit said requirements through the Revenue Collection Officers or through the on-line eAFS.
I. SUBMISSION THROUGH RCO'S
Taxpayers may submit the required attachments to the Annual Income Tax Returns to the Revenue Collection Officer nearest to them, notwithstanding Revenue District Office jurisdiction.
1. For income tax returns with payments made thru the online payment facility of the AAB, the RCOs/Cos shall:
a. Stamp "Received" the returns;
The attachments to the income tax returns shall be stamped only on the page of the Balance Sheet, the Income Statement and Audit Certificate, if applicable. The other pages of the financial statements and its attachments need not be stamped...
