tosh gitongaa

What happens when you inherit land... Then later sell it? How does KRA tax it? Let's go through this case. Simplified to today. There is a guy called Dhanjal. He inherited land from his father in 2014. Years later, in 2022, he sold it for 178m. He filed his capital gains tax (CGT) return as a law abiding citizen. - But, CGT = Sales price - Cost price. So, what cost will Dhanjal rely on here? He went for the market price of that land in 2014. The valuer had pegged it at 150m. He computed & paid his taxes as: - (178 - 150) x 15% = 4m. KRA audited him. It rejected his cost of 150m. Their argument: - You did not buy this land. - You got it for free. - Your cost is zero They adjusted his tax to: - (178m - 0) x 15% = 27 m From 4m to 27m. Dhanjal furiously ran to court. He argued: - The cost of inherited land cannot be zero. - The law allows use of market value at the date of inheritance The court looked at it… and agreed with him. He won & KRA’s demand was set aside. Lessons. - The cost of inherited property is not zero - Use market value at the date of inheritance - KRA will push hard. Be firm.

This is probably the most satisfying news in Kenya today. We often take it for granted because we win marathons so much but this from a 45 year old mother of three is nothing short of exceptional. Congratulations Priscah Cherono.

@KenyaPower_Care Failed

@Toshgitonga3 Hello. For assistance, please share the feedback you are getting after inputting tokens, i.e., "REJECT," "CONN FAILED," or "USED." ^RW

Good Evening. The listed areas will be under planned power maintenance tomorrow (3rd October, 2025). We regret any inconvenience that may be caused during the operations. For the advance notice, use shorturl.at/gbhap. To access the latest schedule, check under the most recent date. ^MW

I made a website that sends your live location to your contacts of choice once the panic button is pressed. For Maandamano, for your loved one’s. #AlbertOjwang #June25th

@Mwangangi_Gail Great work

#EndAbductionsKE #Larry #Raila4Africa #Abducted

Mali under General General Assimi Goita's reign officially becomes the first African nation to be debt free. When General Asimi took over, he sold all the assets belonging to the corrupt elites & sent them to jail including former president's son & Ministers. We must follow the Mali, Burkina Faso and Botswana's footsteps. We can end foreign and IMF dependency .

Sports merchandise, F1, Rugby and Football....

Back 🏠 We are proud to announce the return of GEDI!!! #sikuzote

@MuhanjiIII @teaheeist @soo_ochieng Rugby ,footbal et al zina operate entirely on the fans' passion for the game.

@teaheeist Haha @soo_ochieng tukiwa Driftwood nlikuambia aje kuhusu marketing??? Cc @Toshgitonga3

@JackMidega @Lasronny @ashirafaodita Hahaha

@Lasronny @Toshgitonga3 @ashirafaodita

@ashirafaodita @JackMidega Mwinamo ameelewa games za shule bana tafteni someone as shrewd as him

@JackMidega @Toshgitonga3 Manze, tulifall off hiyo design. SMH

@ashirafaodita @Toshgitonga3 itabidii turudi drawing board pale G.C

Oya, @WilliamsRuto. How do you feel watching this video?

IV CORNERED THESE GUYS AT KAJIADO TOWN WITH THEIR TEAM. THEY'VE BRANCHED AT THE ODPP HOLDING AREA NEAR THE KAJIADO COUNTY ASSEMBLY AND IM NOT LEAVING HERE WITHOUT MY BROTHER. Spread the WORD #FREEOGUDA

@Merddie @MenengaiOilers @strathleos27 Tunashinda mbaka usiku

Well Well Well! 🤣🤣🤣🤣. This is Exciting. A First for Us in the 10S Version of the Game. Well In Good People. Well Deserved. A 5 Min Break Between the Semis Against @MenengaiOilers and the Final Against @strathleos27 Makes it Very Special

@Merddie IVORY Coast spent over $1B to host such an amazing showpiece,huku Kenya wanajenga cowsheds and call them stadiums

But this has been a proper African Cup tournament! Breathtaking. 👌👌🔥🔥

@C_NyaKundiH @MuhanjiIII

Someone explain Sylvia Monayo's latest move in football terms...

@Merddie @MuhanjiIII @stanoambeyi @adolwamiliza @kingsley_litali Food inakuja at intervals of 2hrs

@MuhanjiIII @Toshgitonga3 @stanoambeyi @adolwamiliza @kingsley_litali Nimechoka kukula. Ei! 🤣🤣🤣. Sahii unakula not to die

Buana December holidays za Kakamega hakuna rest, kama sio kuitiwa food mahali, kuna events n tournaments every day till 1st, meeting familiar n new people each day, creating awesome memories always, here's to a #HappyNewYear2024 n better experiences 🥂🎊

@MuhanjiIII @B3laze @VicksonBondi @flo_onditi @SkeeterMbeke @Remnicjiggzy @chris_kasema @dansmithzie Haha hii hata heri ningekua mwalimu

@B3laze Haha @Toshgitonga3 @VicksonBondi @flo_onditi @SkeeterMbeke kujeni muone venye tunatrolliwa, na mnakumbuka pale IDIS UoN @Remnicjiggzy alkua anadai kuenda Canberra ama Vienna unprovoked. Tiyas fill my eyes. @chris_kasema pia wewe fika hapa. CC @dansmithzie

@FootballKe_90 Well spoken @bonfaceosano