On Saturday 11/05/1442 AH, corresponding to 26/12/2020 AD, First Appeals Chamber for Income Tax Interventions and Disputes, formed pursuant to Saudi Arabia Royal Order No. 65474/1439 dated (23/12/1439 AH) based on paragraph (B) of article 67 of Income Tax Law promulgated per the Saudi Arabia Royal Decree No. M1/1425, dated on 15/01/1425 AH amended pursuant to Saudi Arabia Royal Decree No. M113/1438 dated 02/11/1438 AH, was convened at its headquarters in the city of Riyadh, to consider the appeal submitted on 01/08/1439 AH, by.... Company on the decision of the First Tax Zakat Objection Committee in Jeddah no. (4/1) of 1439 AH, issued regarding the objection dated on 16/02/1438 AH, filed by the Appellant against Zakat, Tax and Customs Authority, in which the preliminary decision states the following:

First: Acceptance of the objection filed by the zakat payer hence the objection is submitted by a qualified person within the statutory period prescribed by law.

Second: On the merits: