
TNB hit with RM609mil tax bill, reviewing legal options
In a filing with Bursa Malaysia, TNB said it is currently evaluating its available legal options to address the assessment, in light of the Federal Court's earlier decision involving a similar notice for YA 2018.
'This evaluation takes into consideration that TNB has already submitted an application for Investment Allowance under Schedule 7B of the Income Tax Act 1967 (including those for YA 2023) to the Minister of Finance,' TNB said.
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