The Left Democratic Front (LDF) government seems to have found itself at the centre of a gathering and potentially stormy political controversy swirling around the business transactions of Chief Minister Pinarayi Vijayan’s daughter and IT entrepreneur T. Veena Vijayan.
The latest scandal to beset the LDF ahead of the Puthuppally Assembly byelection on September 5 owes its provenance to an income tax disputes settlement board’s ruling in New Delhi.
The vernacular media reported that the forum disallowed a public limited mineral mining and processing company based in Kochi from claiming an input tax credit relief for payments, an estimated ₹1.73 crore, made to Ms. Veena and her IT firm for consultancy and software support services, respectively, during the 2016-20 period.
