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Court blocks KRA’s Sh208m claim against real estate firm
The taxman insisted that Marylebone Properties had not provided sufficient documentation to verify its expenditures, as required under the Tax Procedures Act.
The High Court has dismissed the Kenya Revenue Authority's (KRA) appeal against a real estate company in a tax dispute amounting to Sh208 million.
In a judgment, Justice Benjamin Njoroge upheld the decision of the Tax Appeals Tribunal, which had ruled in favour of Marylebone Properties, effectively setting aside the tax assessment.
