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Fortis Malar Hospitals has successfully resolved an income tax matter, leading to the cancellation of a ₹0.21 crore demand from AY 2024-25. Following a rectification application, the company will now receive a refund of ₹0.41 crore from the Income Tax department. This positive financial outcome reverses a prior tax liability, boosting the company's cash flow and improving its financial outlook. This news is a clear positive for investors.