FIRS in N2bn lawsuit over alleged illegal shutdown of company

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Bharat Vora, a Plaintiff, on Monday prayed a Federal High Court in Abuja to award him N2 billion against the Federal Inland Revenue Service (FIRS) for shutting his business.

Mr Vora, the Managing Director of Mutunci Company Nig. Ltd., also asked for the refund of N7 million that he paid FIRS to re-open his factory which they have failed to.

The exhibits, which reflected the stage of proceedings, contained the witness statements on oath, his tax clearance certificates, invoices, ledgers, original copies of sales books, audited documents, among other exhibits.According to Peters, the FIRS “asked the plaintiff to pay taxes on money he never earned,’’ which led to the eventual shut down of the company in 2016.

The plaintiff said in his statement that his company was incorporated under the laws of the Federal Republic of Nigeria and carried out operations in Kaduna State.He said based on a request by the FIRS, he had agreed for a tax audit on the company’s accounts for 2011 and 2012.

 

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FIRS in N2bn lawsuit over alleged illegal shutdown of company – Daily TrustMr Bharat Vora, a Plaintiff, on Monday prayed a Federal High Court in Abuja to award him N2 billion against the Federal Inland Revenue Service (FIRS) for shutting his business. Vora, the Managing Director of Mutunci Company Nig. Ltd., also asked for the refund of N7 million that he paid FIRS to re-open his factory …
Source: Daily Trust - 🏆 13. / 51 Read more »