judy.legal
Login Register

Kenya Association of Stock Brokers v. Attorney General & Kenya Revenue Authority

(2015) JELR 100129 (CA)

Court of Appeal  •  Civil Application 111 of 2015 (UR 88/2015)  •  9 Oct 2015  •  Kenya

Coram
Martha Karambu Koome, James Otieno Odek, Fatuma sichale

Judgement

RULING OF THE COURT

The applicant, KENYA ASSOCIATION OF STOCK BROKERS filed a Notice of Motion dated 28th April, 2015 and sought, inter alia, the following orders:-

“1. THAT there be a stay of any enforcement action to be taken by Kenya Revenue Authority, the 2nd Respondent herein with regard to the collection and remittance of capital gains tax as provided for under section 10 and 23 of the Finance Act, 2014 pending the hearing and determination of this application.

2. THAT there be a stay of any enforcement action to be taken by Kenya Revenue Authority, the 2nd Respondent herein with regard to the collection and remittance of capital gains tax as provided for under section 10 and 23 of the Finance Act, 2014 pending the hearing and determination of the intended appeal.

3. THAT The Kenya Revenue Authority, the 2nd Respondent herein, be restrained from commencing, instituting or proceeding with any enforcement action against taxpayers and specifically members of the Applicant in relation …

There's more. Sign in to continue reading

judy.legal is the comprehensive database of case law and legislation from Ghana, Kenya and Nigeria. Gain seamless access to over 20,000 cases, recent judgments, statutes, and rules of court.


Get started   Login