Authority: Supreme Court of India
Order Date: 07-10-2026
Case Overview
- Petitioner: The Central Board of Direct Taxes (CBIT)
- Respondent: Equity Intelligence AIF Trust & another respondent
- Origin of Petition: Special Leave Petition (Civil) Diary No.2801/2026 arising out of the impugned final judgment and order dated 29-07-2025 in WP(C) No. 9972/2024 passed by the High Court of Delhi.
- Counsel for Petitioner: Mr. Raghavendra P. Shankar (A.S.G.), Ms. Madhulika Upadhyay (AOR), Mr. Sudarshan Lamba (AOR, Adv.), Mr. Karan Lahiri (Adv.), Mr. Aman Jha (Adv.), Ms. Nasadiya Singh (Adv.), Ms. Vidushi Pandey (Adv.).
- Counsel for Respondent: Mr. S. Ganesh (Sr. Adv.), Ms. Kavita Jha (Sr. Adv.), Mr. Vaibhav Kulkarni (Adv.), Mr. Aniket Deepak Agrawal (AOR), Mr. Himanshu Aggarwal (Adv.).
- Bench: Hon'ble Mr. Justice J.B. Pardiwala and Hon'ble Mr. Justice K. Vinod Chandran.
- Key Issue: Petition sought condonation of delay in filing the Special Leave Petition (IA No. 38826/2026) and challenged the High Court's order.
Court Findings & Reasoning
1. The Court, after hearing the learned Additional Solicitor General for the petitioner and reviewing the materials on record, found no good ground to interfere with the impugned order of the High Court.
2. The delay in filing the SLP was condoned.
Final Outcome
- The Special Leave Petition is dismissed.
- All pending applications, if any, are disposed of.
- The question of law raised in the petition is kept open for future consideration.
- The order was digitally signed by Vishal Anand on 2026.10.07 at 18:26:46 IST (Signature Not Verified).
- The order was entered by Deputy Registrar Court Master (NSH), Vishal Anand and Pooja Sharma.
Topics: Tax Litigation, AIF Regulation