UMEME Ltd Anor v Commissioner General Uganda Revenue Authority (Application No 40 of 2018)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The Tribunal held that the 1st applicant (UMEME Limited) is entitled to claim depreciation and initial allowances under the Income Tax Act for assets it purchased and placed into service under the concession agreement. The Tribunal ruled that the Income Tax Act requires the person who uses the depreciable asset in the production of income and incurs expenditure to be entitled to the deductions, not necessarily the legal owner. The Tribunal rejected the application of IFRIC 12 and IPSAS 32 accounting standards where they conflict with the clear provisions of the Income Tax Act.
Outcome
Application granted in favour of the 1st applicant. The 1st applicant is entitled to claim depreciation and initial allowances for assets acquired under the concession agreement.
Facts
On 1 March 2005, UMEME Limited (1st applicant) and Uganda Electricity Distribution Company Limited (2nd applicant) entered a 20-year concession agreement for electricity supply and distribution. Under a Lease and Assignment Agreement, the 2nd applicant transferred electricity distribution network assets to the 1st applicant, granting possession but retaining ownership. The 1st applicant was licensed to use, maintain, and upgrade the assets. After March 2005, the 1st applicant purchased additional assets to upgrade and expand the distribution network. The 1st applicant claimed depreciation and initial allowances when computing its tax liability, which the Uganda Revenue Authority (respondent) rejected. The respondent assessed additional tax of Shs. 6,636,835,000 for 2005-2009, later revised to Shs. 66,115,136,000. The dispute centered on which applicant was entitled to claim the tax deductions for the assets acquired by the 1st applicant under the concession arrangement.
Issues
- Who is entitled to claim depreciation and initial allowances under the Income Tax Act in respect of assets acquired by the 1st applicant under a concession agreement?
- What remedies are available to the parties?
Orders
- Application granted.
- The 1st applicant is entitled to claim depreciation and initial allowances.
- The respondent is directed to adjust the 2nd applicant's tax liability in line with the ruling as to depreciation and initial allowances, taking into consideration that they are an entitlement of the 1st applicant.
- The respondent will meet the costs of the 1st applicant.
- The 2nd applicant will meet its own costs.
Rules and key headnotes
Legislation cited (22)
- Income Tax Act s.2
- Income Tax Act s.2(u)
- Income Tax Act s.4
- Income Tax Act s.22
- Income Tax Act s.22(1)(a)
- Income Tax Act s.27
- Income Tax Act s.27(1)
- Income Tax Act s.27(3)
- Income Tax Act s.27(9)
- Income Tax Act s.27A
- Income Tax Act s.27A(1)
- Income Tax Act s.40
- Income Tax Act s.40(1)
- Income Tax Act s.52
- Income Tax Act s.52(2)
- Income Tax Act s.59
- Income Tax Act s.59(1)
- Income Tax Act s.59(2)
- Income Tax Act s.59(3)
- Income Tax Act s.59(4)
- Constitution of Uganda Article 152
- Accountants Act 2013
Cases cited (12)
- Lupton v Cadogan Gardens Developments Ltd [1971] 3 All ER 460
- Steel Corporation of East Africa Ltd v Uganda Revenue Authority (TAT Application No. 4 of 2008)
- Mukwano Enterprises Ltd v Uganda Revenue Authority (TAT Application No. 6 of 2018)
- Mukwano Industries Ltd v Uganda Revenue Authority (HCCS No. 1 of 2008)
- Afgri Uganda Limited v Uganda Revenue Authority (TAT Application No. 18 of 2019)
- Liquidators of Pursa (1954) 25 ITR 265 (SC)
- Cape Brandy Syndicate v Inland Revenue Commissioners (1921) 1 KB 64
- State of Punjab & others v Dhanjit Singh Sandhu Civil Appeal 5698-5699 of 2009
- Rajasthan State Industrial Development and Investment Corporation and another v Diamond and Gem Development Corporation Ltd and another AIR 2013 SC
- J.K.M Enterprises and Others v Uganda Revenue Authority (HCCS No. 599 of 2001)
- Heritage Oil and Gas Limited v Uganda Revenue Authority (Civil Appeal No. 14 of 2011)
- Kumi Orthopedic Centre v Uganda Revenue Authority (TAT Application No. 23 of 2018)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.