Steel Corporation of East Africa Ltd v Uganda Revenue Authority (HCT-00-CC-CA 0 of 2010)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court allowed the appeal, holding that the share sale and purchase agreement constituted a disposal of depreciable assets qualifying for wear and tear allowances. The parent company acted as agent for the appellant in the agreement. The burden of proof shifted to the respondent to show previous allowances had been claimed, which it failed to discharge. The Tribunal erred in holding the appellant was not party to the agreement and in misallocating the burden of proof.
Outcome
Decision of Tax Appeals Tribunal set aside; matter resolved in favour of appellant
Facts
Uganda Revenue Authority conducted a special audit of Steel Corporation of East Africa Ltd for corporation tax for the period 1994-2005. The steel mills had been expropriated by Government under the Expropriation of Properties Act and run by Government from 1972-1994, during which Government purchased plant and machinery. Upon return of the mills to private ownership, a share sale and purchase agreement was executed between Government of Uganda and Muljibhai Madhvani Group of Companies (the parent company) whereby Government's capital additions were converted into shares worth UGX 6,450,030,000. URA disallowed capital allowances of UGX 5,337,159,439 claimed by the appellant on the basis that the assets were not purchased in a manner qualifying for wear and tear allowances under the Income Tax Act, and alternatively that allowances had already been claimed during Government ownership. The appellant disputed both grounds and appealed to the Tax Appeals Tribunal, which dismissed the application. The appellant then appealed to the High Court Commercial Division on questions of law.
Issues
- Whether the share sale and purchase agreement created a sale of capital assets qualifying for wear and tear allowances under the Income Tax Act.
- Whether the appellant bore the burden of proving that wear and tear allowances had not been claimed previously during Government ownership.
- Whether the Tax Appeals Tribunal erred in rejecting the valuation report of the Chief Government Valuer.
- Whether the Tax Appeals Tribunal properly evaluated the evidence on record.
Orders
- Appeal allowed.
- Decision of the Tax Appeals Tribunal set aside.
- Costs to the appellant in the High Court and before the Tribunal.
Rules and key headnotes
Legislation cited (15)
- Income Tax Act 1997 s.2(u)
- Income Tax Act 1997 s.27
- Income Tax Act 1997 s.27(3)
- Income Tax Act 1997 s.27(4)
- Income Tax Act 1997 s.28(1)
- Income Tax Act 1997 s.51
- Income Tax Act 1997 s.51(1)
- Income Tax Act 1997 s.52(2)
- Income Tax Act 1997 s.74(1)
- Income Tax Act 1997 s.129
- Income Tax Act 1997 s.129(3)
- Tax Appeals Tribunal Act s.16(4)
- Tax Appeals Tribunal Act s.18
- Tax Appeals Tribunal Act s.27
- Expropriation of Properties Act
Cases cited (7)
- Uganda Revenue Authority v Tembo Steel Ltd (Civil Appeal No. 9 of 2006)
- Smith, Stone & Knight Ltd v Birmingham Corporation [1939] 4 All ER 116
- Warid Telecom Uganda Ltd v Uganda Revenue Authority (Civil Appeal No. 24 of 2011)
- Standard Chartered Bank v Grand Hotel Ltd (Civil Appeal No. 13 of 1999)
- Nsubuga v Kavuma [1978] HCB 307
- J.K Patel v Spear Motors Ltd (SCCA No. 4 of 1991)
- Uganda Revenue Authority v ShopRite Checkers (U) Ltd (Civil Appeal No. 15 of 2008)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.