LATEST NEWS   Government confident that negotiations with Terengganu government regarding FGV issue will be achieved in the interests of settlers - Ahmad Zahid | 53.9 per cent of SPM holders choose TVET sector, approaching target of 70 per cent by end of 13MP - DPM Ahmad Zahid | Cambodia-Thailand border tensions : Special ASEAN Foreign Ministers Meeting has been postponed to Monday (Dec 22) – Wisma Putra | Cambodia-Thailand border tensions: Special Meeting of ASEAN Foreign Ministers scheduled for tomorrow has been postponed - PM Anwar | Negotiations are ongoing to de-escalate the situation between Thailand and Cambodia - PM Anwar | 
BUSINESS • 25/07/2025 07:56 PM

TNB Evaluating Legal Options After Receiving RM840 Mln Tax Notice

KUALA LUMPUR, July 25 (Bernama) -- Tenaga Nasional Bhd (TNB) has received a Notice of Additional Assessment for the Year of Assessment (YA) 2022 amounting to RM840.12 million, dated July 24, 2025, from the Inland Revenue Board.

In a filing with Bursa Malaysia today, TNB said that in light of the Federal Court’s decision relating to a similar Notice of Additional Assessment issued for YA 2018, it is currently evaluating its available legal options to address the matter.

"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 2022) to the Minister of Finance," it added. 

-- BERNAMA

 

 

More News

Categories

Tags