Fortis Healthcare Receives Income Tax Order Demanding 149.12 Crores
Fortis Healthcare Limited announced that its wholly owned subsidiary, Fortis Hospitals Limited, has received an Income Tax Order concerning the Assessment Year 2021-22. The order, dated March 27, 2026, stipulates a demand of 149.12 Crores.The event occurred on March 31, 2026, at 1:35 PM. Fortis Hospitals Limited is currently evaluating options, including filing an appeal and a rectification application against the order. The potential financial implications associated with this demand amount to 149.12 Crores.
| Particulars | Details |
|---|---|
| Name(s) of the opposing party | Income Tax Authority |
| Court/ tribunal/agency where litigation is filed | Income Tax Authority |
| Brief details of dispute/litigation | Income Tax Authority has issued assessment order dated 27.03.2026 for A.Y. 2021-22 wherein demand of INR 149.12 Crores has been raised. |
| Quantum of claims, if any | INR 149.12 Crores |
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