The Tribunal upheld deletion of additions where cash sales during demonetisation were backed by invoices, VAT payments, and statutory records. Statistical suspicion alone cannot override credible ...
The Tribunal restored the Assessing Officer’s action after finding clear admission of issuing accommodation bills. Commission at 1% was rightly taxed on both bogus purchases and bogus ...
Conestoga Valley School District Board of Directors will meet at 7 p.m. Monday, Jan. 19, in the district administration board ...
The Manila Times on MSN
The cost of VAT uncertainty: What the Subic Bay Freeport case clarifies
A SINGLE value-added tax (VAT) line item can change the economics of a project. For registered enterprises in freeports and ...
Business Daily Africa on MSN
Buyer-generated tax invoices net Sh800m transactions for KRA
The government has captured transactions worth Sh800 million through reverse invoicing, which it introduced on December 27, 2024, as part of new strategies of reaching businesses that predominantly ...
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