IIFL Finance Limited has informed stock exchanges that the Special Audit, initiated by the Income Tax Department under Section 142(2A) of the Income Tax Act, 1961, has been concluded as of March 30, 2026. The final report has been submitted to the authorities. The company affirmed its continued cooperation with the Income Tax Department regarding the ongoing block assessment proceedings and commits to updating exchanges on future material developments.
Confirmation of Special Audit Conclusion
IIFL Finance Limited has officially announced the completion of the Special Audit that was mandated by the Income Tax Department. This action was initially disclosed to the stock exchanges via an intimation on January 22, 2026.
The requisite report stemming from this audit, which was directed under Section 142(2A) of the Income Tax Act, 1961, has been formally submitted to the Income Tax Department as of the date of this announcement, March 30, 2026.
Ongoing Compliance and Assessment
The company affirmed its continuous commitment to working with the authorities to ensure the expeditious completion of the remaining block assessment proceedings. IIFL Finance assured stakeholders that it will promptly inform the Stock Exchanges of any further material developments related to this matter, adhering strictly to all applicable regulatory requirements.
The announcement was signed and authorized by Samrat Sanyal, Company Secretary & Compliance Officer.
Source: BSE
