Fortis Malar Hospitals Resolves Tax Dispute, Anticipates Refund
Fortis Malar Hospitals Ltd. announced on March 28, 2026, that its rectification application against a demand from the Income Tax department in Bengaluru has been successfully processed. The application challenged a demand of INR 20.82 lakhs for assessment year 2024-25.According to an order issued by the Centralized Processing Centre ('CPC') of the Income Tax department, the demand has been deleted, and a refund of INR 41.11 lakhs has been determined. The order was issued on March 27, 2026, at 4.03 p.m.
The resolution of this dispute carries no expected financial implications for the company.
| Particulars | Details |
|---|---|
| Name(s) of the opposing party | Centralized Processing Centre ('CPC'), Income Tax department, Bengaluru |
| Court/ tribunal/agency where litigation is filed | Centralized Processing Centre ('CPC'), Income Tax department, Bengaluru |
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