(Formerly known as IL&FS Trust Company Limited)
IL&FS Financial Centre,
Plot C-22, G Block, Bandra- Kurla Complex,
Bandra (East), Mumbai-400 051
Tel: +91 22 2659 3535
Fax: + 91 22 2653 3297
Email: mumbai@vistra.com
602, Hallmark Business Plaza
Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital
Bandra (E), Mumbai-400 051.
Tel: +91 22 6288 6119 / +91 22 6288 6120
Fax: +91 22 6716 7077
Email: vaishali@milestonetrustee.in
(Erstwhile GDA Trusteeship Limited)
Office No. 83 - 87, 8th Floor, B’ Wing,
Mittal Tower, Nariman Point, Mumbai – 400021
Tel: +91 22 4922 0555
Company Secretary/Compliance Officer/Nodal Officer/Investor Grievance Redressal Officer
IIFL Tower, Plot no. 98, Udyog Vihar,
Phase IV, Gurgaon – 122015
Tel: +91 124-4780900
Email: secretarialhfc@iiflhomeloans.com
Link Intime India Private Limited
C-101, 247 Park, L.B.S. Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Tel.: + 91 22 4918 6200
Fax: +91 22 4918 6195
Email: iiflhome.ncd@linkintime.co.in
Website: www.linkintime.co.in
The Finance Minister in the budget 2023-2024, has removed the exemption from tax deduction at source (TDS) on interest payment on listed debentures which was available under Section 193 of the Act. Hence, as per the Finance Act 2023, from April 1, 2023, interest on listed bonds (debentures) will attract TDS.
With these changes, we are required to deduct Tax at Source (TDS) on the interest payable to bondholder as per prescribed rates. The TDS rate may vary depending upon the availability of valid PAN, residential status, category of Bondholder, etc. and is subject to provision of requisite documents / declarations received by us. The rate of TDS, applicability of exemption (if any) along with documents required for various categories of bondholders can be referred through below link.
Investor/ Bond holder(s) can also upload the tax exemption documents on the link as mentioned herein : https://iifl.taxosmart.com/form.jsp