Authority: Supreme Court of India

Order Date: 25 July 2026

Case Overview

  • Petition (C) No. 23716/2026 filed by M/s Vishnu Sri Builders & Developers seeking special leave to appeal the High Court of Karnataka’s judgment dated 7 April 2026 in WA No. 1637/2025.
  • Respondents are the Commissioner and others, representing the tax authority.
  • The petition was heard by a two‑judge bench comprising Hon’ble Mr. Justice K.V. Viswanathan and Hon’ble Mr. Justice Arun Palli.
  • Counsel for the petitioner, Senior Advocate Basava Prabhu S. Patil, and counsel for the respondents, Mr. Akshay Amritanshu, presented arguments.

Final Outcome

  • The Court declined to interfere with the impugned order and dismissed the Special Leave Petition.
  • The pending application was ordered disposed of, bringing the proceedings to a close.

Topics: Court Proceedings, Tax Litigation, Real Estate