The High Court has ordered the Tax Appeals Tribunal to recalculate the tax relief on a contentious hotel and apartment project by hospitality firm Hemingways Watamu Limited, handing a reprieve to the Kenya Revenue Authority (KRA), which is fighting to block a Sh944 million claim by the investor.
High Court Judge Julius K. Ng’arng’ar directed the tribunal to reassess the investment tax deduction on the project in Kilifi County, undertaken about seven years ago.