https://www.taxtmi.com/caselaws?id=784803 The dominant issue was whether the SC should entertain a Special Leave Petition filed with a 359-day delay challenging an HC order that quashed reassessment proceedings against a corporate debtor post-IBC resolution. The SC held that the delay was gross and remained unsatisfactorily explained; consequently, the petition was not entertained and was dismissed on limitation. Independently, the SC found no substantial ground to interfere with the HC's determination that reassessment proceedings could not be sustained in the circumstances following approval of a resolution plan under s.31 IBC; consequently, the petition was also dismissed on merits. en-us Fri, 09 Jan 2026 00:00:00 +0530 Mon, 12 Jan 2026 09:31:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784803 The dominant issue was whether the SC should entertain a Special Leave Petition filed with a 359-day delay challenging an HC order that quashed reassessment proceedings against a corporate debtor post-IBC resolution. The SC held that the delay was gross and remained unsatisfactorily explained; consequently, the petition was not entertained and was dismissed on limitation. Independently, the SC found no substantial ground to interfere with the HC's determination that reassessment proceedings could not be sustained in the circumstances following approval of a resolution plan under s.31 IBC; consequently, the petition was also dismissed on merits. Case-Laws Income Tax Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784803