Philippine Bar review · Question

Practice question: False vs. Fraudulent vs. Non-filed Return

Multiple Choice Medium

Practice question

A return is filed before its prescribed deadline. No exception, waiver or suspension applies. How does Section 203 treat that filing for the ordinary assessment period?
  1. As never filed
  2. As filed on business commencement
  3. As necessarily fraudulent
  4. As filed on the last day prescribed by law
  5. As granting unlimited assessment time

Legal references

  • NIRC Section 203: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html

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