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Errors Corrected in TMB’s On-Site Verification of Income Tax

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Tamilnad Mercantile Bank (TMB) addresses errors highlighted by I-T department, ensuring operations remain unaffected. Bank assures customers of compliance.

Tamilnad Mercantile Bank I-T Dept uncovers unreported SFTs for Rs 2,700 cr cash deposits

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Tamilnad Mercantile Bank fails to report financial transactions worth Rs 2,700 crore, highlighting the importance of compliance. Findings by Income Tax Department.

IT Wing Conducts Spot Verification at Tamilnad Mercantile Bank Head Office

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The Income Tax department conducts spot verification at the Tamilnad Mercantile Bank's head office, but the bank's business operations remain unaffected. Compliance with tax regulations is crucial for the Indian banking industry.

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Errors Corrected in TMB’s On-Site Verification of Income Tax

Business 0
Tamilnad Mercantile Bank (TMB) addresses errors highlighted by I-T department, ensuring operations remain unaffected. Bank assures customers of compliance.

IT Wing Conducts Spot Verification at Tamilnad Mercantile Bank Head Office

Business 0
The Income Tax department conducts spot verification at the Tamilnad Mercantile Bank's head office, but the bank's business operations remain unaffected. Compliance with tax regulations is crucial for the Indian banking industry.

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