Republika ng Pilipinas BIR Form No.

Kagawaran ng
REVENUE OFFICER'S AUDIT REPORT
Pananalapi
Kawanihan ng Rentas
Internas ON INCOME TAX
0500
General Details

Period From 01/01/2016 Period To 12/31/2016 Hours Spent 100.00

Audit Status Pre-Assessment Case Others
Notice Type LA Others
Notice Type No. 201500048529 Notice Date 06/13/2017
Audit Source Book of Accounts and Other Selection Code RDO
Accounting Records
Basis / Type of Audit Regular Audit Others
CRN
audm35/011920/2017
X DLN

Registration Details

TIN of Taxpayer 224-446-939-00000

Name of Taxpayer NEW HATCHIN TRADING CORPORATION
Registered Address 7602, SACRED HEART COR METROPOLITAN AVENUE, SAN ANTONIO, CITY OF MAKATI 1203
RDO Code RDO049 - NORTH MAKATI
PSIC
PSOC

Section A - Audit Results

1. TAXABLE NET INCOME/(LOSS) Per Return P 12,143,457.00

2. ADD/(LESS) : ADJUSTMENTS (See Schedule 1) 433,665.45
3. TAXABLE NET INCOME / (LOSS) Per Audit 12,577,122.45
4. INCOME TAX DUE / MINIMUM CORPORATE INCOME
TAX (MCIT) P 3,773,136.74
5. LESS:
a) TAX WITHHELD
(Net of carry over) P 907,970.00
a.1 Less: Disallowed
Tax Credit 815,500.00 P 92,470.00
b) AMOUNT PAID
PER RETURN 2,735,067.10 2,827,537.10
6. DEFICIENCY INCOME TAX / (OVERPAYMENT) P 945,599.64
7. ADD
a) SURCHARGE P 0.00
b) INTEREST (See Details of FROM 04/16/2017 TO
Computation) 09/14/2017 78,756.79
c) COMPROMISE PENALTY 0.00 78,756.79
8.a TOTAL AMOUNT DUE / (OVERPAYMENT) 1,024,356.43
8.b AMOUNT RECOMMENDED FOR TAX CREDIT REFUND 0.00
IS THERE THIRD PARTY INFORMATION (TPI) ON THIS
CASE?
HAS THE TPI BEEN CONSIDERED IN THE ABOVE
FINDINGS?
IF YES, INDICATE ADJUSTMENT CODE
BASIC PAID PER AUDIT 0.00
INCREMENTS PAID PER AUDIT 0.00
AMOUNT OF CLAIM / APPLICATION 0.00
ADJUSTMENTS ON CLAIM FOR REFUND / TCC 0.00

Section B - Investigating/Reviewing/Approving Offices

INVESTIGATING OFFICE APPROVING OFFICE

SUBMITTED BY: REVIEWED BY:

ESGUERRA , JOHN LOUIE 10/25/2017

Revenue Officer Date Revenue Officer Date

Revenue Officer Date Group Supervisor/Section Date

Form Status: Processed

Form 0500 Page 1 of 2

224-446-939-00000
NEW HATCHIN TRADING CORPORATION
DOP: 10/25/2017, 05:09:37
LA#: 201500048529
Taxable Period: 01/01/2016 to 12/31/2016
 Chief

JAMES R. FERRER 10/25/2017

Revenue Officer Date Chief of Reviewing Office Date

Revenue Officer Date

Revenue Officer Date

Revenue Officer Date

REVIEWED BY: RECOMMENDING APPROVAL:

AFICIAL, MARIA LINA 10/25/0217

Group Supervisor/Section Chief Date Authorized Official/HREA Date

RECOMMENDING APPROVAL: APPROVED BY:

ISABEL A. PAULINO 10/25/2017 GLEN A. GERALDINO 10/25/2017

Chief of Investigating Office Date Approving Official Date

Schedule 1 Computation of Adjustments

Legal Basis Factual Basis
Adjustment
Tax Code Provisio Amount
Code Audit Reason Code Details of Findings/Discrepancies
(Specify Specific S

TOTAL (To Item No. 2)

TOTAL (To item number 5 - DTC)

Form Status: Processed

Form 0500 Page 2 of 2

224-446-939-00000
NEW HATCHIN TRADING CORPORATION
DOP: 10/25/2017, 05:09:37
LA#: 201500048529
Taxable Period: 01/01/2016 to 12/31/2016