Famous Cycle Agencies Ltd & 4 Ors v Mansukhulal Ramjikaria & 2 Ors [1995] UGSC 2 (17 November 1995)

Flynote

Taxation law

Case summary

The court in consideration of the principles of taxation, found that an award of 40,000,000/= was out of step with reality thereby awarding an adequate sum of 5,000,000/= as reasonable instruction fee. Similary, the court  ordered a reduction of the bill of costs on grounds that it was also in excess.

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