Section 35 Nigeria Tax Administration Act 2025 Section 35 of the Nigeria Tax Administration Act 2025 is about Administrative assessments. It provides as follows: (1) Where a taxable person has not delivered a tax return as provided under this Act, and the relevant tax authority is of the opinion that such taxable person is liable…

Section 34 Nigeria Tax Administration Act 2025 Section 34 of the Nigeria Tax Administration Act 2025 is about Self-assessment of tax payable. It provides as follows: (1) Every taxable person shall, on or before the due date, submit a self-assessment tax return with the relevant tax authority in accordance with the relevant provisions of this…

Section 33 Nigeria Tax Administration Act 2025 Section 33 of the Nigeria Tax Administration Act 2025 is about Accreditation of tax agents. It provides as follows: (1) For the purpose of compliance with this Act or any other law, a taxpayer may either represent itself or be represented by a tax agent accredited by the…

Section 32 Nigeria Tax Administration Act 2025 Section 32 of the Nigeria Tax Administration Act 2025 is about Return deemed to be furnished by an authorised person. It provides as follows: A return, statement or form furnished under this Act by or on behalf of any person shall for all purposes be deemed to have…

Section 31 Nigeria Tax Administration Act 2025 Section 31 of the Nigeria Tax Administration Act 2025 is about Books of account. It provides as follows: (1) Every person, including a company granted exemption from incorporation, shall, whether or not the person is liable to pay tax, maintain books or records of accounts. (2) The books…

Section 30 Nigeria Tax Administration Act 2025 Section 30 of the Nigeria Tax Administration Act 2025 is about Disclosure of tax planning. It provides as follows: (1) Any person who enters or intends to enter into any transaction or agreement, referred to as a disclosable transaction or agreement, whose principal purpose is a benefit which…

Section 29 Nigeria Tax Administration Act 2025 Section 29 of the Nigeria Tax Administration Act 2025 is about Information to be delivered by bankers and others. It provides as follows: Without prejudice to section 142 of this Act, every bank, insurance company, stock-broking firm, or any other financial institution, shall prepare, with or without demand…

Section 28 Nigeria Tax Administration Act 2025 Section 28 of the Nigeria Tax Administration Act 2025 is about Returns for deduction of tax at source. It provides as follows: Every person who has an obligation to deduct and remit tax under this Act or any other tax legislation shall render monthly returns to the appropriate…

Section 27 Nigeria Tax Administration Act 2025 Section 27 of the Nigeria Tax Administration Act 2025 is about Tax Incentive Returns. It provides as follows: (1) All taxable persons enjoying incentives administered by the relevant tax authorities, including incentives provided under Chapter Eight and section 60 of Nigeria Tax Act, 2025, shall, in addition to…

Section 26 Nigeria Tax Administration Act 2025 Section 26 of the Nigeria Tax Administration Act 2025 is about Returns by priority companies. It provides as follows: A company granted priority status shall, in accordance with section 11 of this Act, in each year of assessment, file income tax returns in the manner specified for both…