Authority: Supreme Court of India

Order Date: 03 July 2026

Case Overview

  • Parties: Appellant – M/S. B.K. Developers; Respondent – Income Tax Officer Ward 8(1), Pune & others.
  • SLP No.: 6555/2025, arising out of the impugned final judgment and order dated 12‑12‑2023 in WP No. 15216/2023 passed by the High Court of Judicature at Bombay.
  • The petition sought special leave to appeal against the Bombay High Court decision.
  • Counsel for the respondent, on instruction, stated that there is no objection to remanding the matter to the Income Tax Appellate Tribunal (ITAT), Pune, for fresh consideration.
  • The bench comprised Hon'ble Mr. Justice NONGMEIKAPAM KOTISWAR SINGH and Hon'ble Mr. Justice N.V. ANJARIA (Partial Court Working Days Bench).
  • Counsel for the petitioner included Mr. Dharan Gandhi, Mr. Sanket S Bora, Ms. Vidhi K Punmiya, Mr. Rajat Mittal, Mr. Priyanshu, and Mr. Subham Kumar. Counsel for the respondent included Mr. V. Chandrashekhara Bharti and Mr. Sudarshan Lamba.

Final Outcome

  • Leave was granted.
  • The appeal and all pending applications are disposed of.
  • The matter is remanded to the Income Tax Appellate Tribunal, Pune, for fresh consideration as per the respondent’s consent.
  • The order was signed by Justices NONGMEIKAPAM KOTISWAR SINGH and N.V. ANJARIA, with assistance from Assistant Registrar‑cum‑PS (Neetu Khajuria) and Court Master (Sudhir Kumar Sharma).

Topics: Tax Litigation, Supreme Court Order