UNION OF INDIA vs LILY VANIJYA PRIVATE LIMITED — SLP(C) No. 10963/2026

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 I-B. Status: DISPOSED.

CNR: SCIN010747192025

DISPOSED

Filing Date

23-12-2025 03:49 PM

Registration No

SLP(C) No. 010963 / 2026

Diary Number

74719/2025

Order Date

20-03-2026

Document Type

ROP - of Main Case

Disposal Type

Delay Condoned and matter dismissed(including all pending Ias)

Category

1601-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]

Acts & Sections

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 I-B

Petitioner(s)

UNION OF INDIA

Adv. SUDARSHAN LAMBA

Respondent(s)

LILY VANIJYA PRIVATE LIMITED

Hearing History

Judge: HON'BLE MR. JUSTICE J.B. PARDIWALA and HON'BLE MR. JUSTICE K.V. VISWANATHAN

20-03-2026

FRESH

Orders

View Full Judgment
casestatus.in Summary

Case Summary: Union of India v. Lily Vanijya Private Limited [SLP(C) 010963/2026] On 20-03-2026, the Supreme Court heard multiple Special Leave Petitions filed by the Union of India challenging a Calcutta High Court order dated 09-02-2024. The Court condoned the delay in filing and disposed of all petitions, holding they were squarely covered by the precedent judgment in *Union of India v. Rajeev Bansal* (CA 8629/2024). The Court directed assessing officers to dispose of pending objections in accordance with law, allowing aggrieved assessees to pursue further remedies except on issues concluded by the precedent judgment. This case analysis is maintained by casestatus.in based on publicly available court records.

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