THIRUVANANTHAPURAM: Finance Minister has lashed out at the probe launched by the Income Tax Department and ED against the Kerala Infrastructure Investment Fund Board (KIIFB). Thomas Isaac said that the state government will not get intimidated by the income tax and ED and that such tricks should be tried only in North India.
In the field of education, KIIFB projects are implemented through the Kerala Infrastructure and Technology for Education (KITE). The notice was issued by the Income Tax Department to inform the details of the projects implemented using the KIIFB fund in the past five years through KITE.
The notice said that the details regarding the money paid to the contractors and tax money that has been paid should be given by the 25th of this month.