The Tax Appeals Tribunal has dismissed an application filed by Subru Motors Limited, seeking a stay of collection of taxes amounting to Sh181,406,247. The Authority further argued that there is no specific provision under the Tax Appeals Tribunal Act, 2013, or rules made thereunder conferring jurisdiction to the Tribunal to order for stay of execution. The Court sitting in Nairobi dismissed with costs, the Insurer’s Appeal against the Tax Appeals Tribunal’s Judgement dated 26th May 2017. The Insurer then filed an Appeal at the Tax Appeals Tribunal. The High Court reaffirmed KRA’s position and upheld the Judgement by the Tax Appeal Tribunal as having been sound and correctly based on the law and facts of the case.

Source: The Star September 29, 2020 08:48 UTC