Uganda Case Law

UGAFODE Microfinance Limited v Uganda Revenue Authority (Application 90 of 2023)

UGAFODE Microfinance Limited v Uganda Revenue Authority (Application 90 of 2023) [2023] UGTAT 66 (23 November 2023)

Court

Tax Appeals Tribunal (Uganda)

Case number

Application 90 of 2023

Judges

Mugenyi, Chairperson, Akabway, Panel Member, Ali

The Tribunal dismissed UGAFODE Microfinance Limited’s challenge to an income tax assessment on unpaid interest, holding the deduction claim was not proved.

• Income Tax Deductions
• Accrual Accounting
• Withholding Tax
• Interest Expense
• Allowable Deductions
• Income-tax-deductions