SC Adjourns Income Tax Suit vs Cholamanadlam General Insurance

Authority: Supreme Court of India

Order Date: 01-10-2026

Case Overview

• Petitioner: Assistant / Deputy Commissioner of Income Tax Large Taxpayer Unit 2.
• Respondent: M/s Cholamanadlam MS General Insurance Co. Ltd.
• Origin: Special Leave Petition (Civil) Diary No. 39695/2026 arising from the impugned final judgment and order dated 16‑04‑2025 passed by the High Court of Judicature at Madras in TCA No. 52/2023.
• Issues: Multiple applications for condonation of delay in filing and refiling of income‑tax assessments (IA Nos. 202959/2026, 106291/2026, 106292/2026, 200361/2026) and related procedural matters.
• Counsel: For petitioner – Mr. Raghavendra P Shankar (Additional Solicitor General), Mr. Sudarshan Lamba, Mr. Karan Lahiri and others. For respondent – senior advocates Mr. Arvind P Datar, Mr. Percy Pardiwalla, Mr. Vivek Jain and a team of counsel.

Final Outcome

• The Court directed Mr. Raghavendra P Shankar, learned Additional Solicitor General, to circulate a short note indicating the steps he would advance in the matter.
• The matter was listed for further hearing on 27‑10‑2026.

Topics: Taxation, Insurance