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Associations & Practice | |
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Tuesday, May 21, 2019 / 03:02PM / By
Chartered Institute of Taxation of Nigeria / Header Image Credit:
Proshare
Public Notice to Members: Update on Suit between Chief Afolabi Igbaroola
& Ors v Federal Inland Revenue Service & Ors
The
aforementioned matter came up for hearing today Tuesday May 20, 2019 at the
Federal High Court in Suit No. FHC/L/CS/1480/18.
Recall
that some members of ICAN had earlier taken the Institute to Court in a bid to
stop the implementation of the CITN Stamp and Seal by the Federal Inland
Revenue Service.
The
Presiding judge ruled that the suit ought not to have been instituted in the
first instance.
The
Judge noted that if ICAN members wanted to practice Taxation, they should apply
for membership of the CITN.
Furthermore,
a cost of N200,000 (Two Hundred Thousand naira only) was awarded against the
plaintiffs.
The
Schedule in the FIRS Establishment Act (Par 2 (2) of the 5th Schedule to the
FIRSEA) that grants right of practice to ICAN, CITN and ANAN was annulled. The
learned judge also held that the FIRS Establishment was a subsidiary
legislation to the CITN Act hence it cannot override the CITN Act.
All
the other reliefs of the Plaintiffs were subsequently dismissed.
The
Certified True Copy of the ruling shall be made public as soon as obtained from
the leading Counsel.
Distinguished
members, once again the courts have once again upheld the rule of law and more
than ever the leadership of your institute is committed to defending and
upholding the Charter of our revered Institute.
Adefisayo
Awogbade, M.Sc, FCTI
Registrar/Chief
Executive
Chartered
Institute of Taxation of Nigeria
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