No issues found in Tax Appeal Tribunal's expenses last year: Audit

The financial audit of the Tax Appeal Tribunal for last year, released by the Auditor General, states that the office's expenditures were made in accordance with the established procedures under the public finance regulations.

It highlighted that the expenses were incurred for the purposes allocated in the institution's budget and within the approved limits.

The People's Majlis (Parliament) passed a budget of 13.4 million Rufiyaa for the Tax Appeal Tribunal last year.

Out of this, 12.03 million Rufiyaa was spent on recurrent expenditures, while capital expenditure stood at 342,791 Rufiyaa.

While 6.8 million Rufiyaa was spent on staff expenses, more than 4 million Rufiyaa went toward building and land rent.

After all expenses were settled, a remaining balance of 124,013 Rufiyaa was left over.