Karnataka Power Corp Tax Petition Delay Order

This order is not relevant to stocks, companies, markets, or the economy. Below is a short summary of the judgement:

Case Details

Petition: Special Leave Petition (Civil) No. 26327/2026, arising from High Court of Karnataka judgment dated 23‑09‑2025 (ITA No. 289/2025).
Parties: Petitioner – PR Commissioner of Income Tax 2 & Anr; Respondent – M/s Karnataka Power Corporation Limited.
Court: Supreme Court of India, Partial Bench (Justices Pamidighantam, Narasimha, Aravind Kumar, Shree Chandrashekhar).
Date of Hearing: 02‑06‑2026.
Application: IA No. 166903/2026 for condonation of delay in filing.

Order

The Court directed issuance of notice on the Special Leave Petition and on the application for condonation of delay.
The matter was returned for further hearing, with the next date fixed for 11‑09‑2026.

Counsel

Petitioner's counsel: Mr. Sudarshan Lamba, AOR Mr. Amit Sharma B, Adv. Mr. B K Satija, Adv. Mr. Pranay Ranjan.
Respondent's counsel: Ms. Roohe Hina Dua.

Registrar