2024 (9) TMI 1748 - SCH - Income Tax

Application seeking condonation of delay in filing special leave petition as well as special leave petition Show cause notice was issued on 12.01.2024 to sole respondent by registered AD post.Advocate has filed vakalatnama and memo of appearnace and counter affidavit on behalf of sole respondent. Copy of the same is included in the paper books. Service of notice is complete. As submitted that tax effect involved in this matter is Rs. 2, 96, 25, 391/- (Rs. Two Crore Ninty Six Lakh Twenty Five thousand three Hundread Ninty one only/-) as per listing proforma.

Summary

The Supreme Court considered multiple interlocutory applications related to condonation of delay and exemption from filing certified copies in Special Leave Petitions (SLPs) bearing diary numbers 48454/2023, 1865/2024, and 1866/2024. The Court issued notice on the condonation application and recorded service as complete, with the sole respondent represented by Mr. H. Raghavendra Rao, Advocate, who filed counter affidavits. The tax effect involved is approximately Rs. 2.9 crore. The matters were listed for hearing and subsequently disposed of on 24.09.2024 by a bench comprising the Chief Justice, Mr. Justice J.B. Pardiwala, and Mr. Justice Manoj Misra. The key procedural holding was the issuance of notice on condonation and admission of the SLPs for hearing, with all interlocutory applications addressed in the disposal order.