N1.2bn Tax Error Claim: FIRS, lawyer consider out-of-court settlement

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The parties in a suit of alleged NI.2 billion tax error claims before the Tax Appeal Tribunal, Abuja on Wednesday agreed to explore an out-of-court

The appellant, Joseph Daudu, a senior advocate of Nigeria, is challenging the alleged N1.2 billion error in his taxation by the Federal Inland Revenue Service .

He also confirmed the presence of his witness, an auditor whom the tribunal directed at the last adjourned date to appear before it to give evidence about the appellant’s financial statement and be cross-examined. News Agency of Nigeria reports that the appellant dragged the FIRS before the tribunal over an allegation of an error on assessments of his Withholding Tax , Personal Income Tax and Value Added Tax for the period from 2010 to 2017.

 

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