Legal1 Apr 2026, 10:55 am
Fortis Healthcare Faces INR 149.12 Crore Demand in Income Tax Order for A.Y. 2021-22
AI Summary
Fortis Healthcare Ltd. has informed about an update on the Income Tax Order received by its wholly owned subsidiary, Fortis Hospitals Limited. The order, for Assessment Year 2021-22, has raised a demand of INR 149.12 Crores. The company is evaluating all options including filing an appeal and rectification application against the order.
Key Highlights
- Fortis Healthcare's subsidiary, Fortis Hospitals Limited, received an Income Tax Order for A.Y. 2021-22
- The order raises a demand of INR 149.12 Crores
- The company is considering all options including filing an appeal and rectification application