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Author Topic: KRA loses fight for tax deduction on bad bank loans  (Read 90865 times)

Akeyo

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KRA loses fight for tax deduction on bad bank loans
« on: August 09, 2026, 05:14:43 PM »
KRA loses fight for tax deduction on bad bank loans

Tribunal says the tax authority wrongly treated the written-off loan principal as capital expenditure instead of stock-in-trade.
Source: KRA loses fight for tax deduction on bad bank loans
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