Q_id : 36 Tax Appeals Tribunal        DOF :2015-07-08 | |
Primarosa Flowers Limited(a) Whether there existed sales variances between the actual auction sales and sales declared by the Appellant; (b)Whether interest expense that relates to the borrowings should be restricted proportional to interest free advances to related party and interest-bearing borrowings; (c) Whether foreign exchange losses incurred through conversion of debt to equity is allowable; (d) Whether withholding tax is chargeable on deemed interest in respect to interest free advances; (e) Whether unreconciled sales between VAT3 returns and sales as per audited accounts are chargeable to VAT. ..Read more | |
Country Kenya | |
Q_id : 35 Tax Appeals Tribunal        DOF :28/05/2015 | |
Country Kenya | |
Q_id : 34 Tax Appeals Tribunal        DOF :08/07/1905 | |
Nyeri Water and Sewerage CompanyWhen this Appeal was first called out at 9.15 a.m. this morning during the call over the Appellant did not appear, the Respondent appeared with a large team ready to proceed for hearing, directions. Were given at that point that the Appeal would proceed later. It is now 12.47 p.m. the Appeal having been called out and there is still no appearance for the Appellant. ..Read more | |
Country Kenya | |
Q_id : 33 Tax Appeals Tribunal        DOF :09/03/2016 | |
Nakumatt Holdings LimitedWhether the services offered by Cybercash Limited to the Appellant are in the nature of management services for which the Appellant should have remitted withholding tax. Whether interest expenses incurred by the appellant can be restricted in proportion to the appellants loan advances to related parties including Cybercash Ltd over total bank loans for income tax purposes ..Read more | |
Country Kenya | |
Q_id : 32 Tax Appeals Tribunal        DOF :03/03/2016 | |
Mocian Limiteda) Whether the net income derived from the sale of the office suites by The Appellant is capital gains for purposes of corporation tax or; b) Whether the net income from the sale of the office suites were derived from a venture in the nature of trade and thus chargeable to corporation tax and if so; c) Whether part of the interest on those borrowings should be restricted and disallowed for corporation tax purposes to the extent of the office suites transferred to a sister concern. ..Read more | |
Country Kenya | |