Mani Pakyaw failed to file and pay his income tax return for the year 2019 which should have been filed on or before April 15, 2020. The BIR sent him a notice to file his return and pay his tax on or before July 18, 2020. Mani Pakyaw filed a return showing a basic tax due of P1,000,000. Compute the following: Surcharge Interest Compromise
Mani Pakyaw failed to file and pay his income tax return for the year 2019 which should have been filed on or before April 15, 2020. The BIR sent him a notice to file his return and pay his tax on or before July 18, 2020. Mani Pakyaw filed a return showing a basic tax due of P1,000,000. Compute the following: Surcharge Interest Compromise
Chapter26: Tax Practice And Ethics
Section: Chapter Questions
Problem 22P
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Mani Pakyaw failed to file and pay his income tax return for the year 2019 which should have been filed on or before April 15, 2020. The BIR sent him a notice to file his return and pay his tax on or before July 18, 2020. Mani Pakyaw filed a return showing a basic tax due of P1,000,000.
Compute the following:
Surcharge
Interest
Compromise
Total amount paid
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