ADVERTISEMENT

FCT-IRS seals Abuja company for tax non-compliance

All efforts to make companies comply with the law proved abortive.

FCT-IRS [Nairametrics]

The Magistrate, Janada Balami, gave the order after the lawyer to FCT-IRS, Michael Towolawi, moved the application to effect.

Towolawi told the court that the company had failed to file its annual returns from 2019 to 2023 in breach of Section 81 of the Personal Income Tax Act, LFN, 2004, and amended in 2011. He said all efforts to make the company comply with the law proved abortive.

The lawyer, therefore, applied that the company be compelled to appear before the court to explain why it acted in breach of the law.

ADVERTISEMENT

Balami, who held that the application by the agency against the company had merit, accordingly granted the same to seal No 6, Rudolph Close, Off Katsina-Ala Street, Maitama, Abuja.

She, consequently, ordered the company, the sole defendant in the matter, to appear before the court on May 16.

The Director, of Legal Services of the FCT-IRS, Festus Tsavar, told journalists after the proceeding that the service would move against companies that do not file their annual returns as provided by law.

“You know that we have a new minister in FCT who is doing a lot of projects and that hinges on money.

“And of course, you are aware that FCT has come out of TSA.

ADVERTISEMENT

“So it is the internally generated revenue that will make the government of FCT to be able to do those projects completely within the required time,” he said.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Former EFCC chairman, Lamorde dies in Cairo after surgery complications

Former EFCC chairman, Lamorde dies in Cairo after surgery complications

Nigerians are being left to suffer in prison, but people are working to fix the mess

Nigerians are being left to suffer in prison, but people are working to fix the mess

FG backed deposed Emir's attempt to take over Sanusi's palace, Atiku slams Tinubu

FG backed deposed Emir's attempt to take over Sanusi's palace, Atiku slams Tinubu

Whatever affects Kano, affects Nigeria - Dethroned Emir warns authorities

Whatever affects Kano, affects Nigeria - Dethroned Emir warns authorities

Pastor wants parents to report children who can't explain their source of wealth

Pastor wants parents to report children who can't explain their source of wealth

Obi beats Buhari, Tinubu to emerge 'most impactful 4th Republic politician'

Obi beats Buhari, Tinubu to emerge 'most impactful 4th Republic politician'

Kano residents unbothered by emirship tussle, carry on normal activities

Kano residents unbothered by emirship tussle, carry on normal activities

Again, Third Mainland Bridge section closed for repairs

Again, Third Mainland Bridge section closed for repairs

Concerns over upcoming guber election as flood damages Edo INEC office

Concerns over upcoming guber election as flood damages Edo INEC office

Pulse Sports

No space for Lookman, Osimhen as only two Africans make Forbes’ Top 50 highest-paid athletes

No space for Lookman, Osimhen as only two Africans make Forbes’ Top 50 highest-paid athletes

Lookman frontrunner for NFF Player of the Year after historic Europa League heroics

Lookman frontrunner for NFF Player of the Year after historic Europa League heroics

Tobi Amusan second, Brume Ese picks Olympics ticket, and other Nigerians excel at Atlanta City Games

Tobi Amusan second, Brume Ese picks Olympics ticket, and other Nigerians excel at Atlanta City Games

Caicedo, Kudus or Garnacho: Who should win EPL goal of the season?

Caicedo, Kudus or Garnacho: Who should win EPL goal of the season?

ADVERTISEMENT
ADVERTISEMENT