The Supreme Court of India dismissed a Special Leave Petition (SLP) filed by the Income Tax Department against the director of Overseas Maritime Agencies Private Limited after a 466-day delay in filing the petition.
The SLP arose out of the impugned final judgment and order dated 04.10.2022 passed by the High Court of Gujarat at Ahmedabad. The petitioner contested the reopening notice of the Income Tax Department (ITD), in a civil application filed before the High Court of Gujarat, seeking income tax assessment of the petitioner for the year 2014-2015.
The High Court of Gujarat agreed with the points raised by the petitioner and quashed the reopening notice issued by the department. Hence, challenging the decision of the Gujarat High Court, the Income Tax Department moved to the Supreme Court by filing a Special Leave Petition.
The two-judge bench of Justices Pamidighantam Sri Narasimha and Aravind Kumar held that the Income Tax Department did not provide justifiable grounds for the significant delay in filing the petition. After considering the arguments, the bench dismissed the Special Leave Petition (SLP) based on the delay.
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