Income Tax vs POSCO India – Notice Pending

Authority: Supreme Court of India, Registrar Sh. Apurv Singh

Order Date: 19-08-2026

Case Overview

• Petitioner: The Principal Commissioner of Income Tax, Bhubaneswar
• Respondent: M/S. POSCO INDIA PVT. LTD.
• Petition: Special Leave to Appeal (C) No. 14549/2023 filed by the tax authority challenging a prior order/assessment (specific grounds not detailed in the record).
• Counsel for Petitioner: Mr. Sudarshan Lamba (Advocate-on-Record) and Mr. Sushant Singh (Advocate).
• Counel for Respondent: Not listed in the record.
• Hearing: Conducted on 19 August 2026 before Registrar Sh. Apurv Singh.
• Key Issue: Service of notice on the sole respondent (POSCO India) had not been effected at the time of hearing.

Final Outcome

• The Court noted that service of notice on POSCO India remains awaited.
• The matter was ordered to be listed again for further hearing on 28 September 2026.
• A copy of this Record of Proceedings will be furnished to the concerned Advocate-on-Record for information and compliance.

Topics: Tax Litigation, Steel Industry