The court said TNB should actually have been considered a utility company under Schedule 7B of the Income Tax Act 1967 (ITA), The Edge reported.

KUALA LUMPUR: Any short-term share price weakness in Tenaga Nasional Bhd (TNB) is seen as a buying opportunity for long-term investors, according to Hong Leong Investment Bank (HLIB) Research.

Shares of Tenaga Nasional Bhd (TNB) dropped sharply yesterday, following the national utility company's defeat in a landmark tax case at Malaysia's highest court.

TNB had also argued that it was only a service provider. In 2022, the High Court allowed TNB’s judicial review application to set aside LHDN’s RM1.8 billion tax assessment for the year 2018.

Tenaga Nasional Berhad (TNB) has assured that the majority of university students, who are part of the country’s over 23 million domestic electricity consumers, will not be affected by any ...

PETALING JAYA: National utility company Tenaga Nasional Bhd is facing a RM5.05 billion tax bill following a Federal Court rulIng that it is not eligible to claim reinvestment allowance.

TNB Tech Minute: Meta Hires Top Apple AI Researcher as Part of AI Recruitment Push Plus: U.S. trade restrictions and AI chip delays cause Samsung's second-quarter operating profit to plunge.

Short-term bullish outlook for Sumitomo Chemical India, with potential rise to ₹640-650; buy at ₹586, accumulate on dips at ₹576.

Gaza football star killed in Israeli strike, raising athlete death toll to 585 Muhannad Fadl al-Lay's death brings the total number of football players killed during Israel's war on Gaza to 265 ...

The court held that TNB’s claim for reinvestment allowance under Schedule 7A of the Income Tax Act 1967 was misconceived and not in accordance with the provisions of the Act.

To help users better understand potential savings, TNB has introduced an online Electricity Bill Calculator on the myTNB portal. Consumers can select their preferred tariff and estimate their bill ...