BY SAM ALFAN.
A senior official with Tianyi limited has been charged with tax fraud of over Sh 6 million.
Zhang Xiaodong appeared before Milimani Chief Magistrate Francis Andayi and plead not guilty to the charges.
He is charged alongside the company that he knowingly and unlawfully omitted from the company’s returns an income of Sh23 million, an amount which he knew or ought to have known should have been included in the year of income 2017, thus occasioning KRA loss of Sh6,781,654.
It is alleged to have committed the offence on diverse dates between January and December 2017 in Nairobi County jointly with others not before court. The company was also charged with failure to pay tax by due date.
The court heard that the two failed to pay corporation tax of Sh 6,781,654 as stipulated by the Income Tax Act for year 2017.
They pleaded not guilty before Principal Magistrate Peter Ooko who granted them a bond of Sh 2 million or a cash bail of Sh 1 million each.
The court also directed Zhang to deposit his passport and all travelling documents in court.
The case will be heard on November 20, 2019.
