Authority: Supreme Court of India (Justice Sanjay Kumar, In Chambers)
Order Date: 10-08-2026
Case Overview
- Parties: Assistant Commissioner of Income Tax Circle 5 (Petitioner) vs Real Value Leasing Pvt. Ltd. (Respondent).
- Proceedings: Miscellaneous application (Diary No.70803/2025 in SLP (C) Diary No.7724/2025) concerning IA No. 318665/2025 (condonation of delay in filing application for restoration) and IA No. 318659/2025 (restoration).
- Counsel: For petitioner – Miss Madhulika Upadhyay, AOR Mr. Vikrant Yadav, Adv. Mr. Raj Bahadur Yadav, AOR; for respondent – none listed.
- Background: Petition sought condonation of delay and restoration of the original proceedings; respondent opposed.
Final Outcome
- The Court condoned the delay in filing the restoration applications (IA No. 318659/2025 and IA No. 318665/2025).
- The Court ordered restoration of the matter and granted the petitioner four additional weeks to cure any defects in the petition.
- The matter was restored to its original number.
- The miscellaneous application was disposed of, ending the current proceedings.
Topics: Tax Litigation, Restoration of Proceedings