Supreme Court Condones Delay vs Bank Baroda

Authority: Supreme Court of India

Order Date: 21 July 2026

Case Overview

• Petitioner: Principal Commissioner of Income Tax, Mumbai-2
• Respondent: Bank of Baroda (erstwhile Vijaya Bank)
• Proceeding: Special Leave Petition (Civil) Diary No. 28197/2026, arising from the impugned final judgment and order dated 10‑09‑2025 in ITA No. 132/2024 of the High Court of Karnataka, Bengaluru.
• Application: IA No. 165661/2026 – request for condonation of delay in filing the appeal.
• Hearing Date: 20‑07‑2026.
• Bench: Hon'ble Mr. Justice Sanjay Kumar and Hon'ble Mr. Justice Sanjeev Sachdeva.
• Counsel for Petitioner: N. Venkataraman (A.S.G.), Sudarshan Lamba (AOR), V. Chandrashekhara Bharathi, Adv., Rajeev Kumar Ranjan, Adv., Ishaan Sharma, Adv., Pushkar Sharma, Adv., Raji Gururaj, Adv.
• Counsel for Respondent: Not listed.
• Key Observations: The Court examined the request for condonation of delay and found sufficient cause to permit the filing.

Final Outcome

• The Court condoned the delay in filing the appeal.
• It directed that a notice be issued and the matter be tagged with Civil Appeal No. 7210/2012, titled "Kotak Mahinder Bank Ltd. vs. The Commissioner of Income Tax & Anr."
• The notice shall be served by all modes, including dasti.

Topics: Taxation, Banking Law