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97. A taxable person who-
(a) fails to keep accounts, books and records of business transactions and income, to allow for the correct ascertainment of tax and filing of returns to the relevant tax authority; or
(b) upon request by the relevant tax authority, fails to provide any
record or book prescribed in this Act shall be liable to pay an administrative penalty of
(i) in the case of a person other than a company, N10,000.00, and
(ii) in the case of a company, N50,000.00.
98. A person who refuses to grant access to the relevant tax authority
to deploy technology after 30 days of receipt of the notice under this Act is liable to an administrative penalty of N1,000,000.00 for the first day of default and ?10,000.00 for each subsequent day of default
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EVERYONE MUST USE SOFTWARE
BETTER TO DEPLOY BY YOURSELF THAN TO BE FORCED TO BY TAX AUTHOTIRY OWN
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