Multi-Crore Tax Evasion By IIFL Group Suspected, Sources Say | I-T Searches At IIFL Cos

Описание к видео Multi-Crore Tax Evasion By IIFL Group Suspected, Sources Say | I-T Searches At IIFL Cos

Share prices of 360 One Wam Ltd., IIFL Finance Ltd and IIFL Capital Services Ltd. declined during early trade on Tuesday after reports of searches by income tax officials at IIFL Group offices in Mumbai's Lower Parel. Both 360 One Wam and IIFL Finance shed nearly 9%, while IIFL Capital Services fell 6% intraday. The IT searches are underway at multiple floors of 360 One building since morning. The staff is not reachable as phones and other digital devices have been seized by officials to be examined on multiple levels of the building, according to people in the know.

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