REVENUE REGULATIONS NO. 4-2012 issued on March 28, 2012 amends Revenue Section 2.6 of Revenue Regulations No. 13-2011 by deleting Section 2.6.1 thereof, which provides that penalties and/or interest imposed on the taxpayer may be abated or cancelled on the ground of one day late filing and remittance due to failure to beat the bank cut-off time.