PR. COMMISSIONER OF INCOME TAX 8 vs SPRIT TEXTILE (P) LTD. (SUCCESSOR OF PRAJATAMA TRADING CO. LTD. ) — SLP(C) No. 13993/2026
Case under Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [Other Than Matters Covered by Categories 1602-1605] Section IX. Status: PENDING.
CNR: SCIN010178012026
Filing Date
23-Mar-2026
Registration No
SLP(C) No. 13993/2026
Diary Number
17801/2026
Order Date
15-Apr-2026
Document Type
ROP - of Main Case
Data as of 19-Jun-2026
Acts & Sections
Petitioner(s)
PR. COMMISSIONER OF INCOME TAX 8
Adv. SUDARSHAN LAMBA
Respondent(s)
SPRIT TEXTILE (P) LTD. (SUCCESSOR OF PRAJATAMA TRADING CO. LTD. )
Adv. PRAVEEN SWARUP[R-1]
Hearing History
Judge: HON'BLE MR. JUSTICE J.B. PARDIWALA and HON'BLE MR. JUSTICE K.V. VISWANATHAN
Fixed Date by Court
FRESH
| Date | Purpose |
|---|---|
| 25-May-2026 | Fixed Date by Court |
| 15-Apr-2026 | FRESH |
Orders
Case Summary: PR. COMMISSIONER OF INCOME TAX 8 v. SPRIT TEXTILE (P) LTD. SLP(C) No. 013993/2026 | Heard: 15-04-2026 The Supreme Court heard a Special Leave Petition challenging a High Court judgment regarding jurisdiction in an income tax assessment for AY 2012-13. The Income Tax authorities had issued assessment notices to Prajatama Trading Co. Ltd., which later amalgamated into Sprit Textile (P) Ltd. (effective 01-04-2013). The Revenue contended that the predecessor company should bear assessment liability and that the assessee failed to raise jurisdiction objections within the statutory 30-day period under Section 124(3) of the Income Tax Act. The Court condoned the filing delay and issued notice returnable on 25 May 2026 for substantive hearing on the jurisdictional and revisional powers issues. This case analysis is maintained by casestatus.in based on publicly available court records.
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