Menu

© Firu Africa, 2026. All rights reserved.

Hancock - vs- General Reversionary and Investment Company

EXPENSES MUST BE INCURRED IN THE PRODUCTION OF INCOME- SECTION 15 INCOME TAX ACT CAP 470 LAWS OF KENYA

"the proper test to apply is this; was the expenditure incurred in order to meet a continuing business demand, in which case it should be treated as an ordinary business expense and an admissi...