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BINDURA NICKEL CORPORATION LTD v ZIMBABWE REVENUE AUTHORITY 2008 (1) ZLR 152 (H)

2008 (1) ZLR p152

Citation

2008 (1) ZLR 152 (H)

Case No

Judgment No. HH-30-08

Court

High Court, Harare

Judge

Chatukuta J

Heard

12 October 2006

Judgment

20 February 2008

Counsel

L Mazonde, for the applicant
R Matsikidze, for the respondent

Case Type

Civil application

Annotations

No case annotations to date

Flynote

Interestin duplum rule — applicability — limited to commercial transaction — not applicable to debts owed by taxpayer to the fiscus

Practice and procedure — parties — locus standi — company — holding company — action in respect of wholly owned subsidiaries — holding companies having locus standi

Revenue and public finance — interest — interest owed by taxpayer for unpaid or overdue taxes — accrual of interest — when accrual ceases — not limited by in duplum rule

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