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Taxable Income and Tax Deductions

HH81-11 : HEYWOOD HAULAGE INVESTMENTS CENTRAL AFRICA (PVT) LTD vs THE COMMISSIONER GENERAL
Ruled By: CHIWESHE JP

The applicant carries on business as a transport operator. During the months of November 2008, December 2008 and January 2009 the applicant availed to its employees' fuel coupons and food hampers as part payment of remuneration due to them.Following an audit of the applicant's business by the respondent in June 2009, the respondent wrote to ...
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Appealed
SC61-17 : ARUNDEL SCHOOL and CHISIPITE SENIOR SCHOOL and ST JOHNS EDUCATIONAL and GATEWAY SCHOOL and ST GEORGES COLLEGE and CHRISTIAN BROTHERS COLLEGE vs ZIMBABWE REVENUE AUTHORITY
Ruled By: GARWE JA, GUVAVA JA and UCHENA JA

This is an appeal against the decision of the Special Court for Income Tax Appeals which dismissed the appellants' appeals against the determination of the Commissioner-General turning down the appellants' objection against an income tax assessment for additional profit tax. The appeal is based on a statement of agreed facts which was summarised in the ...
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Appealed
SC23-18 : STANDARD CHARTERED BANK ZIMBABWE LIMITED vs ZIMBABWE REVENUE AUTHORITY
Ruled By: GUVAVA JA, MAVANGIRA JA and ZIYAMBI AJA

This is an appeal against a judgment of the High Court sitting as an Appeal Court in terms of section 65 of the Income Tax Act [Chapter 23:06] (hereinafter referred to as “the Act”). It concerns certain income tax assessments made in respect of the appellant by the respondent with regard to the years 2009, 2010 and 2011. ...
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Appealed
SC23-18 : STANDARD CHARTERED BANK ZIMBABWE LIMITED vs ZIMBABWE REVENUE AUTHORITY
Ruled By: GUVAVA JA, MAVANGIRA JA and ZIYAMBI AJA

Whether the appellant was correctly held to have earned interest in respect of offshore loans made to various customers in each of the three years of the amended assessments On 6 October 2009, the appellant (sometimes referred to herein as “the Bank”) obtained authority from the External Loans Co-ordination Committee of the Reserve Bank of Zimbabwe (“ELCC”) ...
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HH135-15 : D BANK LTD vs ZIMBABWE REVENUE AUTHORITY
Ruled By: KUDYA J

This appeal deals with five issues in four categories arising from the dis-allowance of the tax deductions that were claimed by the appellant in the tax year ending December 2009. The four categories are in respect of expenditure on computer software, foreign currency accruals derived from leveraging a dividend pay-out by a public company quoted on both ...