THE COMMISSIONER OF INCOME TAX-II, PUNE V. IGATE GLOBAL SOLUTIONS LIMITED

1119-2014

AI Insights

The case involves the Commissioner of Income Tax (CIT) as the appellant and IGATE Global Solutions Limited as the respondent. The core issue revolves around the eligibility and details concerning exemptions under Section 10 A of the Income Tax Act, 1961, for different units of the respondent company. The Supreme Court of India, after hearing the arguments, decided to re-list the case and requested the respondent to provide comprehensive data to facilitate a clearer understanding of the exemptions claimed.

• Counselvise Citation: [2022] 140 COUNSELVISE.COM (IT) 622089 (SC)
• Appeal Type: Supreme court cases
• Pronouncement Date: 01-09-2022
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Others
• Court: SUPREME COURT
• Department Lawyers: AJAY VOHRA; POOJA DHAR
• Assessee Lawyers: K M NATARAJ; REKHA PANDEY
• Keywords: Condonation of delay; Exemption under Section 10 A; Income Tax
• Section: 10(a)

Judgement Text

"1 ITEM NO.109 COURT NO.12 SECTION III S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No(s). 10604/2014 CIT Appellant(s) VERSUS IGATE GLOBAL SOLUTIONS LIMITED Respondent(s) WITH C.A. No. 10605/2014 (III) C.A. No. 10606/2014 (III) SLP(C) No. 12915/2015 (IV-A) SLP(C) No. 25344/2015 (IV-A) S.L.P.(C)...CC No. 12561/2016 (IV-A) IA No. 1/2016 - CONDONATION OF DELAY IN FILING) C.A. No. 4304/2018 (III) C.A. No. 4305/2018 (III) Diary No(s). 6150/2018 (IX) (IA No. 29246/2018 - CONDONATION OF DELAY IN FILING) SLP(C) No. 13844/2018 (IX) C.A. No. 9408/2019 (III) ( FOR AMENDMENT IN CAUSE TITLE ON IA 20545/2020 IA No. 20545/2020 - AMENDMENT IN CAUSE TITLE) SLP(C) No. 4804/2020 (IX) SLP(C) No. 7899/2020 (IX) (FOR ADMISSION and I.R. and IA No.49672/2020-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No.49671/2020-PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES IA No. 49672/2020 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT IA No. 49671/2020 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES) SLP(C) No. 12675/2020 (IX) (FOR ADMISSION and I.R. and IA No.70558/2020-CONDONATION OF DELAY Digitally signed by BABITA PANDEY Date: 2022.09.01 18:13:49 IST Reason: Signature Not Verified 2 IN FILING and IA No.70557/2020-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) SLP(C) No. 14444/2015 (IV-A) SLP(C) No. 10781/2015 (IV-A) SLP(C) No. 12914/2015 (IV-A) SLP(C) No. 2397/2021 (IX) (IA No. 99381/2020 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) SLP(C) No. 12665/2021 (IX) (FOR ADMISSION and I.R. and IA No.86576/2020-CONDONATION OF DELAY IN FILING and IA No.86577/2020-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Date : 01-09-2022 This appeal was called on for hearing today. CORAM : HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE J.K. MAHESHWARI For Appellant(s) Mr. K.M. Nataraj, ASG Ms. Rekha Pandey, Adv. Mr. Sughosh Subramanyam, Adv. Mr. Anuj Srinivas Udupa, Adv. Mr. Nukul Chengappa K.K., Adv. Mr. Chitransh Sharma, Adv. Mr. Raj Bahadur Yadav, AOR Mrs. Anil Katiyar, AOR For Respondent(s) Mr. Ajay Vohra, Sr. Adv. Ms. Pooja Dhar, AOR Mr. Pratul Pratap Singh, Adv. Mr. Sachit Jolly, Adv. Mr. Rohit Garg, Adv. Ms. Disha Jham, Adv. Mr. Sohum Dua, Adv. Ms. B. Vijayalakshmi Menon, AOR Mr. S. Ganesh, Sr. Adv. Ms. Archana Sahadeva, AOR Mr. Tejveer Bhatia, Adv. Mr. Rohan Swarup, Adv. Mr. Gaurav Sharma, Adv. Mr. Rustom B. Hathikhanawala, AOR 3 UPON hearing the counsel, the Court made the following O R D E R Re-list in the month of November, 2022. In the meanwhile, the respondent - assessee would prepare a chart indicating the nature of the activities in the new units and the old units, the date from which the new and old units became entitled to exemption under Section 10 A of the Income Tax Act, 1961 and the turnover of the new units and the old units during the different periods/ years including the post exemption period years. It will be also open to the respondent- assessee to state in the said chart the increase, headcounts, turnover and other relevant factors. (BABITA PANDEY) (R.S. NARAYANAN) COURT MASTER (SH) COURT MASTER (NSH) "