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April is a critical month for Kenya taxpayers. This article outlines installment tax and balance of tax obligations under Section 12 of the Income Tax Act, key deadlines, and the financial impact of non‑compliance.

The Tax Appeals Tribunal ruling in Premier Credit vs. Commissioner of Domestic Taxes clarifies that loan principal is a non-deductible capital asset, while only interest and fees qualify for bad debt tax relief. This decision highlights the need for precise accounting to mitigate Corporate Income Tax (CIT) risks and ensure regulatory compliance during KRA audits.