DIAMOND TRUST BANK TANZANIA LIMITED VS COMMISSIONER GENERAL TANZANIA REVENUE AUTHORITY (TRA) 2025 TZCA 126 (28 FEBRUARY 2025)

Abstract

At stake in this appeal are the concurrent decisions of the Tax Revenue Appeals Board (the Board) and Tax Appeal Tribunal (the Tribunal) against the appellant, Diamond Trust Bank Tanzania Ltd on taxation on interest in suspense and disallowance of written-off loans. The divergent positions held by the parties triggered this appeal before the Court