Investor Grievance
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
Investor Grievance & Relations

IIFL Tower, Plot no. 98, Udyog Vihar, Phase IV, Gurgaon – 122015
secretarialhfc@iiflhomeloans.com
hfcinvestors@iiflhomeloans.com
+91 124 4780900
Registrar & Share Transfer Agent
Link Intime India Private LimitedC-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai- 400 083, Maharashtra, India
mumbai@linktime.co.in
www.linktime.co.in
Ph: +91 22 4918 6000
Fax +91 22 4918 6060
Debenture Trustees
Vistra ITCL (India) Limited
(Formerly known as IL&FS Trust Company Limited)
The Qube, 6th Floor, A Wing, Hasan Pada Road, Mittal Industrial Estate, Marol, Andheri (E), Mumbai - 400059
mumbai@vistra.com
www.linktime.co.in
Ph: +91 22 2659 3535
Fax: +91 22 2653 3297
Milestone Trusteeship Services Private Limited (merged with Catalyst Trusteeship Limited)
Unit No- 901, 9th Floor, Tower B, Penninsula Business Park, Senapati Bapat Marg, Lower Parel (W), Mumbai - 400013
shreya.singhal@ctlrustee.com
Ph: +91 22 4922 0555
Catalyst Trusteeship Limited (Erstwhile GDA Trusteeship Limited)
Unit No- 901, 9th Floor, Tower B, Penninsula Business Park, Senapati Bapat Marg, Lower Parel (W), Mumbai - 400013
shreya.singhal@ctlrustee.com
Ph: +91 22 4922 0555