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Court orders sealing of Abuja Company over tax default

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The Nation Newspaper Court orders sealing of Abuja Company over tax default

A Magistrate Court in Wuse Zone 2 Abuja has ordered the Federal Capital Territory Internal Revenue Service to seal a company – Ifedi A.K. Nigeria Ltd, over the failure of its management to file the mandatory annual returns.

He said all efforts to make the company comply with the law proved abortive as all notices served on the company, which were duly acknowledged, were not acted on. “Once this period has passed and you have not filed, you have committed an offence contrary to Section 81, of the Personal Income Tax Act, laws of the Federation 2004 as amended in 2011.

“In FCT we have actually just commenced the prosecution of defaulters and it is not going to be a one-off.

 

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