SZTAC 156/2021/IR;2020/12847/Z

The difference in the commercial register is considered a material error, and it cannot be considered as a reason for wasting the financial statements.

Background

Whereas this decision was not accepted by the taxpayer (….), it submitted a memorandum of appeal including the following summary:

The taxpayer challenges the decision of the Preliminary Committee with regard to calculating zakat on an estimated basis and canceling the amended zakat assessments for 2013 and 2014, due to a defect in form, as the commercial register recorded in the budget submitted by the chartered accountant and in the decision of the committee is not affiliated with him.