Prevailing Securities trounces BURS in court

Friday, April 30, 2021

Defeated: The BURS has vowed to press on in pursuit of defaulters PIC: MORERI SEJAKGOMO

Prevailing Securities company has had the last laugh against the BURS after the taxman fined the company and ordered it to pay millions of Pula for what was alleged to be an under-declaration of income.

Before Judge Michael Leburu recently, Prevailing Security directors emerged victorious over the BURS in their case against the fine and the order.

The company was accused of understating its income for the period between January 2013 and December 2017, with the BURS fining it over P78 million. Prevailing Securities judicial manager, Danny Julius Guduli filed a review application before court after denying the allegations.

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Prevailing Securities trounces BURS in court

Prevailing Securities company has had the last laugh against the BURS after the taxman fined the company and ordered it to pay millions of Pula for what was alleged to be an under-declaration of income.

Rollers, Orapa brace for two-part sequel

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Inspect the voters' roll!