ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Tuesday, March 9, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
N61.52 million tax dispute: FIRS seeks expert’s view on Oando settlement claim

N61.52 million tax dispute: FIRS seeks expert’s view on Oando settlement claim

byPremium Times
September 3, 2013
1 min read
ADVERTISEMENT

Both parties had opted for an out-of-court settlement.

The Federal Inland Revenue Service (FIRS) on Tuesday sought to get expert clarification on Oando Plc’s claim of settlement of its N61.52 million tax liability.

In November 2012, Oando took FIRS to the Tax Appeal Tribunal sitting in Abuja for refusing to amend its tax assessment of N61.52 million for 2004.

At the last adjournment, both parties agreed on out- of- court settlement and were supposed to report back to the tribunal on Tuesday.

At the resumed sitting on Tuesday the counsel to the FIRS, Bright Igbinosa, told the tribunal that before commencement of proceedings the appellant presented a document suggesting that the out-of-court settlement had had been effected.

He said he could not interpret the document and had to seek advice from professional tax officers from FIRS to confirm the authenticity of the document.

The counsel to the respondent, therefore, prayed the tribunal to give him more time to carry out the consultation.

Olumayowa Oluwole, the counsel to the appellant, who affirmed the position of the settlement as claimed by Mr. Igbinosa, said he had no objection to the prayer.

Nnamdi Ibegbu, the acting chairman of the tribunal, adjourned the case to Oct. 7 for consideration of the out- of- court settlement report.

RelatedNews

Nigeria distributes COVID-19 vaccines to states

Tenure Extension: I can remain in office till 2023 or 2024 — Adamu

Blood on Uniforms (3): In Nigeria’s South-east, no justice for people killed during COVID-19 lockdown

VIDEO: Five pillars for Covid-19 – Ehanire

(NAN)

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...



JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

Former Kogi governor’s brother kidnapped

Next Post

Will America Ever Erase the Colour Line? By Ogaga Ifowodo

Premium Times

Premium Times

More News

United Bank for Africa (UBA) building used to illustrate the story

UBA records 28% profit rise but cuts dividend for 2020

March 9, 2021
Naira and Dollars

Naira falls as CBN introduces forex promo

March 8, 2021
Nigerian Stock Exchange

Nigerian stocks make shaky recovery after one week in red

March 8, 2021
Central bank of Nigeria (CBN)

MAN, LCCI, experts speak on CBN’s Naira for Dollar policy

March 8, 2021
Senate wants lower Naira notes changed to coins

Bureau De Change operators want more action to support Naira

March 8, 2021
MTN Nigeria office

MTN Group appoints another Nigerian to top position

March 8, 2021
Next Post
A Case for Punishing Corruption as Armed Robbery, By Ogaga Ifowodo

Will America Ever Erase the Colour Line? By Ogaga Ifowodo

Jonathan, Nigerian wealthy family named in “dubious” Malawi oil deal

PDP Crisis: Group warns Jonathan against succumbing to political blackmail

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


Access Bank Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,630,967 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
    • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.