Authority: Supreme Court of India

Order Date: 29-09-2026

Case Overview

  • Parties: Joint Commissioner of Income Tax, Panji & Ors (Petitioner) versus M/s. Colorcon Asia Pvt. Ltd (Respondent).
  • Origin: Petition for Special Leave to Appeal (C) No(s). 7546/2026, arising out of the impugned final judgment and order dated 28-11-2025 in TA No.5/2024 passed by the High Court of Judicature at Bombay at Goa.
  • Nature of Proceeding: The petitioner seeks special leave to appeal the High Court’s decision on a tax assessment matter involving the respondent.
  • Counsel for Petitioner: Mr. N Venkataraman, A.S.G.; Mr. Sudarshan Lamba, AOR; Mr. Amit Sharma B, Adv.; Mr. Prashant Singh II, Adv.; Mr. Amit Sharma V, Adv.; Mr. Aman Jha, Adv.; Mr. Nikhil Aradhe, Adv.; Mr. V Sridharan, Sr. Adv.; Ms. Charanya Lakshmikumaran, AOR; Ms. Nitum Jain, Adv.; Ms. Neha Choudhary, Adv.; Ms. Medha Sinha, Adv.; Mr. Swastik Mishra, Adv.; Mr. L Badri Narayanan, Adv.; Mr. Yashovardhan Singh, Adv.; Mr. Adithya Nair, Adv.; Ms. Ananya Gupta, Adv.
  • Counsel for Respondent: Mr. Arijit Prasad, Sr. Adv.; Mr. Shankey Agrawal, AOR; Mr. Harsh Shukla, Adv.; Mr. Siddharth Agrawal, Adv.; Mr. Nitin Dhatarwal, Adv.; Mr. Porus Kaka, Sr. Adv.; Mr. Manish Kanth, Adv.; Mr. Ashok Mathur, AOR; Ms. Shradha Zutshi, Adv.; Mr. Ajay Vohra, Sr. Adv.; Mr. Vishal Kalra, Adv.; Mr. Saumyendra Singh Tomar, Adv.; Mr. Anil Kumar, Adv.; Ms. Suvandna Kalra, Adv.; Mr. Anil Kumar Gautam-1857, AOR; Mr. Neeraj Kumar Jain, Adv.; Mr. Aniket Deepak Agrawal-2623, AOR; Mr. Abhisek Singhvi, Adv.; Mr. Tavish Verma, Adv.; Mr. Sagar Tilak, Adv.; Ms. Aditi Anil Dani, AOR; Mr. Yuvraj Pratap Singh, Adv.; Mr. V Sridharan, Sr. Adv.; Ms. Charanya Lakshmikumaran, AOR; Ms. Nitum Jain, Adv.; Ms. Neha Choudhary, Adv.; Mr. L Badri Narayanan, Adv.; Mr. Swastik Mishra, Adv.; Ms. Medha Sinha, Adv.; Mr. Yashovardhan Singh, Adv.; Mr. Adithya Nair, Adv.; Ms. Ananya Gupta, Adv.; Mr. Rajiv Shakdher, Sr. Adv.; Mr. Mukesh Butani, Adv.; Ms. Seema Kejriwal, Adv.; Ms. Shruti Agarwal, Adv.; Ms. Mansi Mathur, Adv.; Mr. Shankey Agrawal, AOR; Mr. Kunal Verma-1724, AOR; Mrs. Yugandhara Pawar Jha, Adv.; Mr. Bhanu Thakur, Adv.; Ms. Swati Mishra, Adv.; Ms. Ananya Kapoor, Adv.; Mr. Utkarsa Kumar Gupta, Adv.; Mr. Ravi Kumar, Adv.; Ms. Aditi Taneja, Adv.; Mr. Praveen Swarup-1227, AOR; Ms. Ishita Farsaiya-3816, AOR; Mr. Sparsh Bhargava, Adv.; Ms. Vanshika Taneja, Adv.; Mr. Aryan Singh, Adv.; Ms. Siddhi Sharma, Adv.; Mr. Kishore Kunal-2194, AOR; Mr. Rajat Mittal-2644, AOR; Mr. Ved Jain, Adv.; Mr. Nischay Kantoor, Adv.; Ms. Vandana Kothari, Adv.; Mr. Subodh S. Patil-1984, AOR.
  • Bench: Hon'ble Mr. Justice Manoj Misra and Hon'ble Mr. Justice Vijay Bishnoi.

Final Outcome

  • The Court heard the matter in‑part and ordered that it be listed for further hearing on 30‑09‑2026.

Topics: Tax Appeal, Supreme Court