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 ...

As the self-assessment tax return deadline looms, here are seven things that can help you get it done in time.

Up to 75% of dealer finance proposals contain tax or VAT errors on accessories and value added products, according to new ...

A SINGLE value-added tax (VAT) line item can change the economics of a project. For registered enterprises in freeports and ecozones, the difference between a purchase treated as zero-rated versus ...

The city of Longview’s sales tax revenue grew by $1.67 million from 2024 to 2025, which a city spokesman said is a “notable” ...

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 ...

With tighter controls on tax fraud and money laundering, financial institutions and tax authorities are monitoring cash ...