IIFL Finance Legal & Regulatory
IIFL Finance reported that its subsidiary, IIFL Home Finance, received an income tax assessment order raising a demand of ₹963.39 crore.
- Value
- ₹963.4 Cr
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IIFL Finance reported that its subsidiary, IIFL Home Finance, received an income tax assessment order raising a demand of ₹963.39 crore.
RBI imposed a ₹0.03 Crore penalty on IIFL Finance for non-compliance regarding gold auction surpluses. The company has already remitted the full penalty amount.
IIFL Finance received a ₹0.03 Crore penalty from the RBI regarding gold loan auction surpluses. The company reports no material impact on its operations.
IIFL Finance received a ₹475.56 Crore income tax demand order. The company plans to appeal, stating no material financial impact is expected from this order.