Authority: Supreme Court of India
Order Date: 28-09-2026
Case Overview
- Petition filed by the Principal Commissioner of Income Tax 1 seeking condonation of delay in filing IA No.277624/2026 against Shankheswar Kreators.
- The petition arises from an impugned final judgment and order dated 11-12-2025 in ITA No.2778/2018 passed by the Bombay High Court.
- Counsel for the petitioner highlighted that the judgment in CIT vs Premier Industrial Corporation Ltd. is presently under challenge before this Court in Special Leave Petition (Civil) Diary No.65405 of 2025, where leave has been granted.
- The matter was heard before a two‑judge bench comprising Hon’ble Mr. Justice Manoj Misra and Hon’ble Mr. Justice Vijay Bishnoi.
Final Outcome
- The Supreme Court condoned the delay in filing the interlocutory application (IA No.277624/2026).
- Leave was granted to the petitioner.
- The Court directed that a notice be issued to the respondent.
- The proceedings were tagged with Civil Appeal No.14783/2025 for further adjudication.
Topics: Legal; Taxation; Court Proceedings