Krishna Institute of Medical Sciences Subsidiary Receives Order Setting Aside IT Demand Notice

Krishna Institute of Medical Sciences Ltd. announced that its subsidiary, SPANV Medisearch Lifesciences Private Limited, has received an order from the Income Tax Department. The order, under Section 143(3) read with sections 250 and 144B of the Income-tax Act, sets aside a previous demand notice issued under Section 156 of the IT Act for the assessment year 2022-2023. As a result, the amount payable in this matter is now Rs. 0/-. This information was received by the company on 31st March, 2026 at 3:43 PM.