Section 133 Nigeria Tax Administration Act 2025 Section 133 of the Nigeria Tax Administration Act 2025 is about Offences by authorised and unauthorised persons. It provides as follows: A person who being a member of the Service charged with the administration of this Act or any assistant employed in connection with the assessment and collection…

Section 132 Nigeria Tax Administration Act 2025 Section 132 of the Nigeria Tax Administration Act 2025 is about False statement and returns. It provides as follows: (1) A person who –(a) for the purpose of obtaining any deduction, refund, rebate, reduction or repayment in respect of petroleum profits tax, hydrocarbon tax or income tax by…

Section 131 Nigeria Tax Administration Act 2025 Section 131 of the Nigeria Tax Administration Act 2025 is about Incorrect accounts. It provides as follows: (1) A person who without reasonable excuse –(a) makes up or causes to be made up any incorrect accounts by omitting or understating any profits or overstating any losses which is…

Section 130 Nigeria Tax Administration Act 2025 Section 130 of the Nigeria Tax Administration Act 2025 is about Failure to comply with the requirement of notice. It provides as follows: (1) A person who fails to –(a) comply with the requirements of a notice served under this Act, (b) appear in response to a notice…

Section 129 Nigeria Tax Administration Act 2025 Section 129 of the Nigeria Tax Administration Act 2025 is about Late payment of tax. It provides as follows: (1) Where any tax, royalty or remittance due from a company involved or engaged in upstream petroleum operations is not paid on the due date, it shall be a…

Section 128 Nigeria Tax Administration Act 2025 Section 128 of the Nigeria Tax Administration Act 2025 is about Failure to file estimated and actual returns on due date. It provides as follows: (1) A company which fails to file any of the estimated or actual returns under this Act on the due date is liable…

Section 127 Nigeria Tax Administration Act Section 127 of the Nigeria Tax Administration Act 2025 is about General penalty. It provides as follows: Any person who contravenes any provisions or commits an offence against this Act for which no specific penalty is provided, is liable as follows – (a) to an administrative penalty of 1,000,000…

Section 126 Nigeria Tax Administration Act Section 126 of the Nigeria Tax Administration Act 2025 is about Offence by body corporate. It provides as follows: Where an offence under this Act is committed by a body corporate, firm, trust, association of individuals or any other legal arrangement – (a) a director, manager, secretary or other…

Section 125 Nigeria Tax Administration Act 2025 Section 125 of the Nigeria Tax Administration Act 2025 is about Counterfeiting documents. It provides as follows: A person who –(a) counterfeits or falsifies any document which is required by or for the transaction of any business under this Act or any other relevant tax law ; (b)…

Section 124 Nigeria Tax Administration Act 2025 Section 124 of the Nigeria Tax Administration Act 2025 is about False declaration. It provides as follows: (1) A person that makes or signs, or causes to be made or signed,(2) In addition to the provisions of subsection (1), the licensee or lessee(a) 10,000,000 or US Dollar equivalent…