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    HomeNewsBusinessFortis Healthcare arm gets Rs 89.53 cr tax demand

    Fortis Healthcare arm gets Rs 89.53 cr tax demand

    Fortis Hospitals Ltd, a material subsidiary of the company has received an Income tax assessment order dated March 21, 2024, wherein a demand of Rs 89.53 crore, including interest of Rs 9.54 crore has been raised, Fortis Healthcare said in a regulatory filing.

    PTI
    March 22, 2024 / 22:37 IST
    "The company is evaluating the said order and will take appropriate actions in due course," it added.

    Fortis Healthcare Ltd on Friday said one of its subsidiaries has received a tax demand of Rs 89.53 crore, including interest for the assessment year 2022-23.

    Fortis Hospitals Ltd, a material subsidiary of the company has received an Income tax assessment order dated March 21, 2024, wherein a demand of Rs 89.53 crore, including interest of Rs 9.54 crore has been raised, Fortis Healthcare said in a regulatory filing.

    "The company is evaluating the said order and will take appropriate actions in due course," it added. The expected financial implication on Fortis Hospitals Ltd is Rs 89.53 crore, the company said.

    PTI
    first published: Mar 22, 2024 10:37 pm

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