Supreme Court Dismisses Unicorn Industries Tax SLP

Authority: Supreme Court of India

Order Date: 21‑08‑2026

Case Overview

• Petitioner: Principal Commissioner of Income Tax (PIT)
• Respondent: M/s Unicorn Industries
• Petition: Special Leave Petition (Civil) Diary No. 14655/2025, arising from impugned judgment and order dated 26‑06‑2024 in ITA No. 51/2019 passed by the High Court at Calcutta.
• Related IA: IA No. 85975/2025 – Condonation of Delay in Filing.
• Counsel for Petitioner: Mr. Raghavendra P Shankar, A.S.G.; Mr. Sudarshan Lamba, AOR; Mr. Karan Lahiri, Adv.; Mr. Shantanu Sharma, Adv.; Ms. Rajeshwari Shankar, Adv.; Mr. Bhakti Vardhan Singh, Adv.
• Counsel for Respondent: (Not listed)
• Bench: Hon'ble Chief Justice Justice Joymalya Bagchi, Hon'ble Justice V. Mohana, Mr. Pradeep Rai (Senior Advocate), Ms. Yugandhara Pawar Jha (Advocate‑on‑Record).
• Proceedings: Counsel for the petitioner sought permission to withdraw the petition; the Court granted the request.

Final Outcome

• The Special Leave Petition stands dismissed, as withdrawn.
• No further orders or directions were issued.
• The order was digitally signed by Registrar‑cum‑PS Dy. Registrar Nitin Talreja on 23‑08‑2026 at 16:45:08 IST.

Topics: Tax Litigation, Supreme Court Order