Authority: High Court of Punjab & Haryana at Chandigarh

Order Date: 09 July 2026

Case Overview

  • Petitioner: M/s Jindal Trading Company; Respondents: Union of India and others, represented by the Income Tax Department.
  • Petition sought relief concerning a tax matter under the Income‑Tax Act, 1961; counsel Paras Jain appeared for petitioner; Senior Standing Counsel Saurabh Kapoor and Junior Standing Counsel Rana Gurtej Singh represented the respondents.
  • The bench comprised Hon’ble Mr. Justice Deepak Sibal and Hon’ble Ms. Justice Rupinderjit Chahal.
  • The petitioner requested to withdraw the petition and obtain liberty to file an appeal under Section 246A of the Income‑Tax Act.

Final Outcome

  • The Court dismissed the petition as withdrawn, granting the petitioner liberty to file an appeal under Section 246A.
  • The Court expressly noted that no comment was made on the merits of the case or on the maintainability of the contemplated remedy.

Topics: Legal; Taxation