Search Search
Fields marked with an asterisk (*) are required.
Name *
Username *
Password *
Verify password *
Email *
Verify email *

GC (PVT) LTD v COMMISSIONER-GENERAL, ZIMBABWE REVENUE AUTHORITY 2015 (2) ZLR 116 (H)

Citation

2015 (2) ZLR 116 (H)

Case No

Judgment No. HH-759-15

Court

High Court, Harare

Judge

Kudya J

Heard

19 January 2015

Judgment

25 September 2015

Counsel

AP de Bourbon, for the appellant
T Magwaliba, for the respondent

Case Type

Income tax appeal

Annotations

Flynote

Revenue and public finance – income tax – computation of asset final balances for claiming capital allowances based on a replacement value linked formula for translating into United States Dollars the final balances of assets acquired or constructed in Zimbabwe currency for the period to 31 December 2008.

Revenue and public finance – income tax – employee expenses incurred for production of income or for the business activities of other group companies – no entitlement to claim such expenditure.

Revenue and public finance – income tax – penalties – respondent failing to mero motu reduce or discharge in full the penalties imposed – considerations.

This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article.