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FIRS Files ‘Tax Evasion’ Charges Against Property Company
The Federal Government has filed “tax evasion” charges against a property company, Well Property Development Company Limited.
The FG, through a suit filed on its behalf by the Federal Inland Revenue Service (FIRS), took the firm before the Abuja Federal High Court on a six counts.
In the suit, Federal Republic of Nigeria is listed as complainant, while Wells Property Development Company Limited is joined with nine individuals as defendants.
Among other things, the company was accused of various offences including, false declaration of earnings, while carrying our taxable services.
The suit is marked FHC/ABJ/CR/293/2024 and dated June 21, 2024.
The FIRS accused the firm of failure to file correct and complete income tax returns in the prescribed form and manner for the purpose of paying relevant tax administered by FIRS, an offence punishable under Section 55 of the Companies Income Tax Act as amended.
Count two stated that the firm allegedly furnished FIRS with false information regarding the company’s income which is an offence punishable under Section 25 of the Value Added Tax Act of 1993 as amended.
Other counts bordered on false declaration of tax returns for the years 2019 to 2022 and failure to deduct and remit all relevant taxes, which is an offence punishable under Section 40 of the FIRS Establishment Act 2007.
No date has been fixed for hearing of the matter.
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VIDEO: God’s kingdom is your birthright it’s not negotiable -Bishop Elim(Part 1)
Bishop Godwin Elim, the Senior Pastor at Live for Christ, aka Lifting Assembly in Abuja has said God’s Kingdom is the birthright of believers as this is not negotiable.
Naijablitznews reports Bishop Elim made this assertion on Saturday in his sermon drawing vivid examples from bible passages and real life examples.
This is part one of the series to run through the week.
Watch clip below;
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BREAKING: APC Picks All 20 Chairmanship, 236 Councillorship Seats In Ogun LG Polls
The All Progressives Congress, APC has won all 20 Chairmanship and 236 Councillorship seats in the Ogun LG Polls.
Naijablitznews reports that the Ogun State Independent Electoral Commission (OGSIEC) on Sunday, declared all the 20 chairmanship candidates of the All Progressives Congress (APC) winners of Saturday’s local government elections conducted in the state.
The Chairman of the commission, Babatunde Osibodu also declared all 236 APC councillorship candidates as winners of the election while presenting the official results of the polls at the commission’s headquarters at Oke-Ilewo, Abeokuta, the state capital.
Osibodu said the ruling party, APC, emerged victorious across all the 20 local government areas and 236 wards in the state by polling a total of 613,156 votes cast in the exercise which witnessed major political parties like the Accord Party (AP), African Action Congress (AAC), African Democratic Congress (ADC), Action Democratic Party (ADP) and the All Progressives Congress (APC), participating.
Other political parties that participated in the exercise included the Allied Peoples Movement (APM), All Progressives Grand Alliance (APGA), Labour Party (LP), Peoples Democratic Party (PDP), Social Democratic Party (SDP), Young Progressive Party (YPP), Action People’s Party (APP), Action Alliance (AA), Boot Party (BP), People’s Redemption Party (PRP), National Rescue Movement (NRM) and Zenith Labour Party (ZLP).
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BREAKING: INEC declares Aiyedatiwa of APC winner of Ondo guber election
The Independent National Electoral Commission (INEC) has declared Governor Lucky Aiyedatiwa as the winner of the guber election conducted in Ondo State on Saturday.
Aiyedatiwa, who is the candidate of the All Progressives Congress (APC) in the election.
He polled a total of 366,781 votes to defeat his closest rival in the election, Agboola Ajayi, who is the candidate of the People’s Democratic Party in the election.
The APC cleared all 18 local government areas.
While the PDP polled a total of 117,845 votes, the Labour Party (LP) polled 1,162 votes and the Zenith Labour Party (ZLP) polled 2,692 votes.
Prof Olayemi Akinwunmi announced the result of the Ondo governorship election at the State headquarters of INEC in Akure.
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