IIFL Capital Services Ltd
📢 IIFL Capital Subsidiaries Receive Tax Demands Totaling ₹56.28 Crore
• IIFL Capital Services Ltd disclosed tax demands for two wholly-owned subsidiaries.
• IIFL Facilities Services Ltd: Tax demand of ₹6.82 Crore for period April 1, 2018 to February 3, 2025.
• IIFL Management Services Ltd: Tax demand of ₹49.46 Crore for the same period.
• Demands issued on April 22, 2026.
• Company states all tax liabilities are discharged and expects no material financial or operational impact.
• IIFL Capital is evaluating options and plans to appeal the orders.