Fortis Malar Hospitals Receives Income Tax Order
Fortis Malar Hospitals Ltd. announced receipt of an Income Tax Order on March 24, 2026, at 2:51 p.m. The order, issued by the Income Tax Authority, pertains to the assessment year 2018-19 and involves an additional demand of Rs. 48,22,435.The order relates to interest under Section 234D. According to the company’s assessment, the demand is not maintainable and an appeal is being prepared. Fortis Malar Hospitals does not anticipate a material impact on its financials, operations, or other activities.
| S.No | Particulars | Details |
|---|---|---|
| 1 | Name of the authority | Income Tax Authority |
| 2 | Nature and details of the Order | Income Tax rectification order dated March 19, 2026 for the assessment year 2018-19, raising additional demand of Rs.48,22,435 |
| 3 | Date of receipt of Order | March 24, 2026 at 2:51 p.m. |
| 4 | Details of alleged violation | Interest u/s 234D |
| 5 | Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms | The company does not envisage any material impact on financials, operations or other activities of the Company. |
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