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IIFL Capital Services (NSE:IIFLCAPS) Tax Expense : ₹2,333 Mil (TTM As of Dec. 2024)


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What is IIFL Capital Services Tax Expense?

IIFL Capital Services's tax expense for the months ended in Dec. 2024 was ₹529 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹2,333 Mil.


IIFL Capital Services Tax Expense Historical Data

The historical data trend for IIFL Capital Services's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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IIFL Capital Services Tax Expense Chart

IIFL Capital Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Expense
Get a 7-Day Free Trial 529.87 644.29 962.72 910.63 1,692.54

IIFL Capital Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 526.64 568.75 653.58 582.39 528.63

IIFL Capital Services Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,333 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IIFL Capital Services  (NSE:IIFLCAPS) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


IIFL Capital Services Tax Expense Related Terms

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IIFL Capital Services Business Description

Traded in Other Exchanges
Address
N. S. Phadke Marg, Office No. 1, Ground Floor, Hubtown Solaris, Near East West Flyover, Andheri East, Mumbai, MH, IND, 400069
IIFL Capital Services Ltd is a independent full-service retail and institutional broking house in India. It is a investment advisory firm providing diversified financial services and products to corporates, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, trusts, high net worth individuals and retail investors.

IIFL Capital Services Headlines

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