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Business
Nandan Nilekani, Kamath Brothers Flagged in Karnataka Tax Notice for Mismatches
✍️ India Today
🗓 11 Sep 2026, 01:04 PM
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Karnataka tax authorities have placed Nandan Nilekani and the Kamath brothers on a notice list after identifying mismatches in their tax filings. The notice demands clarification and possible rectification of the discrepancies.
Karnataka tax officials have issued a notice to Nandan Nilekani, co‑founder of Infosys, and the Kamath brothers, citing mismatches in their tax returns. The notice, part of the state’s annual SIR (State Income Review) list, requires the parties to provide explanations for the discrepancies.
The SIR list is released each year to flag taxpayers whose records show inconsistencies or gaps. While the notice does not imply wrongdoing, it obliges the recipients to submit additional documentation and, if necessary, amend their filings.
Both Nilekani and the Kamath family have responded by stating they will cooperate fully with the tax department. No further action has been announced at this stage, and the notice is considered a routine compliance measure.
The SIR list is released each year to flag taxpayers whose records show inconsistencies or gaps. While the notice does not imply wrongdoing, it obliges the recipients to submit additional documentation and, if necessary, amend their filings.
Both Nilekani and the Kamath family have responded by stating they will cooperate fully with the tax department. No further action has been announced at this stage, and the notice is considered a routine compliance measure.