The Tax Appeals Tribunal has affirmed a massive tax assessment against Kirin Pipes Limited, ruling that the company failed to provide sufficient proof that KSh 21.6 million in bank deposits were anything but taxable income. This sets a precedent for businesses in Kenya regarding the documentation of all bank inflows.

• The assessment upheld by the Tribunal against Kirin Pipes Limited totals KSh 21.6 million.
• The primary organization involved is the Kenya Revenue Authority (KRA).
• The ruling emphasizes that the burden of proof rests with the taxpayer to substantiate the origin of bank deposits, or they will be classified as taxable income.