Authority: Supreme Court of India

Order Date: 03-07-2026

Case Overview

  • Appellant: Bank of Baroda; Respondents: State Tax Officer & others.
  • Civil Appeal No. 8724/2026, IA No. 184435/2026 (stay application) heard before a partial court‑working days bench of Hon’ble Justice K.V. Viswanathan and Hon’ble Justice Shree Chandrashekhar.
  • Counsel for the appellant: Ms. Narain Rashika Ashok (AOR), Mr. Rohan Talwar, Adv. Ms. Preksha Diwakar.
  • The dispute concerns an impugned tax order issued by the State Tax Officer; the bank seeks a stay pending further proceedings.

Order Details

1. The Court heard Mr. Rohan Talwar, learned counsel for the appellant.

2. The Court directed that a notice be issued, returnable on 24‑08‑2026.

3. The operation of the impugned tax order is stayed, conditional upon the appellant filing, within one week, an undertaking in this Court stating that, in the event of an adverse order, the bank will return the money along with interest.

Final Outcome

  • The impugned tax order is temporarily stayed; the bank must submit the stipulated undertaking within a week, and a notice will be issued with a return date of 24 August 2026.

Topics: Tax Litigation, Banking