I-T dept raids IIFL Finance, related entities over alleged tax evasion
The Income Tax (I-T) department has launched a search operation at the offices of IIFL Finance Limited and related entities, including 360 ONE WAM (formerly IIFL Wealth) and IIFL Securities, according to a report by The Economic Times. The raids, which began on January 28, 2025, are reportedly linked to allegations of tax evasion.