Supreme Court Orders Settlement for Bagri Impex Tax Appeal

Authority: Supreme Court of India

Order Date: 30 July 2026

Case Overview

• Parties: Appellant – M/S Bagri Impex Pvt. Ltd.; Respondent – Assistant Commissioner of Income Tax and others.
• Proceedings: Civil Appeal No.4022/2014, heard on 30‑07‑2026 before a two‑judge bench.
• Bench: Hon'ble Mr. Justice Prashant Kumar Mishra and Hon'ble Mr. Justice Shree Chandrashekhar.
• Counsel: For the appellant – Mrs. Anjani Aiyagari (Advocate on Record). For the respondents – Mr. Raghavendra P. Shankar (ASG), Mr. Sudarshan Lamba (AOR), Mr. Karan Lahiri, Adv. Mrs. Rashmi Malhotra, Adv. Mrs. Rekha Pandey.
• Background: The appeal challenges a tax assessment/order issued by the Assistant Commissioner of Income Tax. The matter was referred for possible settlement.

Final Outcome

• The Court directed that the dispute be processed for settlement during the Samadhan Samaroh.
• The settlement outcome will be communicated post‑Samadhan Samaroh, anticipated in September 2026, contingent upon the Samaroh’s result.
• No immediate monetary award, penalty, or injunction was imposed; the matter remains pending settlement.

Topics: Tax Litigation, Settlement Procedure