
Legal25 Mar 2026, 02:01 pm
Fortis Malar Hospitals Receives Income Tax Order for Rs. 48,22,435 for AY 2018-19
AI Summary
Fortis Malar Hospitals Ltd. has received an Income Tax rectification order dated March 19, 2026 for the assessment year 2018-19, raising an additional demand of Rs. 48,22,435. The order was received on March 24, 2026 at 2.51 p.m. The company, however, believes that the demand is not maintainable and is planning to file an appeal. The company does not foresee any material impact on its financials, operations, or other activities due to this order.
Key Highlights
- Fortis Malar Hospitals received an Income Tax rectification order for AY 2018-19
- The order raises an additional demand of Rs. 48,22,435
- The order was received on March 24, 2026
- The company plans to file an appeal against the order
- No material impact on financials, operations, or other activities expected
Price Impact
More from FORTISMLR