Mathia vs. Commissioner of Domestic Taxes (Tax Appeal E048 of 2024) [2024] KETAT 1608 (KLR) (22 November 2024)
Withholding Tax On Interest from friendly loans
“The Appellant having demonstrated that she took friendly loans from different people, and the said amounts were paid back with interest, and that she incurred legal fees, the Tribunal finds and holds that the Respondent was within its right to demand withholding tax on the said interest and legal fees as provided for under Section 35 (3) of the Income Tax Act.”
Access Restricted Content
Please log in or subscribe to continue reading.
View our pricing plansAlready have a subscription? Sign In