Authority: Supreme Court of India

Order Date: 03-08-2026

Case Overview

  • Parties: The Principal Commissioner of Income Tax 4 (Petitioner) versus M/S Cholamandalam MS General Insurance Company Ltd (Respondent).
  • Nature of Proceeding: Special Leave Petition (Civil) Diary No. 36356/2026 seeking condonation of delay in filing Income Tax Assessment (IA) No. 199550/2026.
  • Background: The petition arises from an impugned final judgment and order dated 09-01-2025 passed by the High Court of Judicature at Madras in TCA No. 183/2023.
  • Allegations/Issues: The petitioner requests the Supreme Court to condone the delay in filing the assessment, arguing that the High Court's order necessitates such filing.
  • Counsel: For the petitioner – Mr. S Dwarakanath (A.S.G.), Mr. Sudarshan Lamba (AOR), Mr. Kartikay Aggarwal (Adv.), Mr. Shailendra Tiwary (Adv.), Mr. S Vijay Adithya (Adv.), Mr. Yogya Rajpurohit (Adv.). For the respondent – Mr. Arvind P. Datar (Sr. Adv.) and Mr. Vivek Jain (AOR).
  • Court Composition: Hon'ble Mr. Justice Pamidighantam Sri Narasimha and Hon'ble Mr. Justice Alok Aradhe.

Final Outcome

  • The Court did not deliver a substantive ruling on the condonation request; instead, it reserved its order and listed the matter for further hearing on 17-08-2026.

Topics: Taxation, Insurance, Supreme Court