No Grounds to Interfere: SC Rejects Revenue’s Challenge Against HP Financial Services:

No Grounds to Interfere: SC Rejects Revenue’s Challenge Against HP Financial Services The Revenue, through the Deputy Commissioner of Income Tax, Circle 3(A)(2) and others, approached the Supreme Court challenging the judgment dated 12.02.2025 passed by the High Court in Writ Appeal No. 989/2023. The High Court had ruled in favour of Hewlett Packard Financial Services (India) Pvt. Ltd., prompting the Revenue to seek special leave to appeal. There was a delay in filing the Special Leave Petition, and an application for condonation was moved. The matter came up before a Bench comprising Justice Dipankar Datta and Justice Satish Chandra Sharma on 16.02.2026. Supreme Court Issue Before Court: Whether the Supreme Court should interfere with the Karnataka High Court’s judgment dated 12.02.2025 in the tax dispute involving Hewlett Packard Financial Services (India) Pvt. Ltd. SC Held: The first condoned the delay in filing the Special Leave Petition. Upon hearing counsel for the petitioners, the Court recorded that it was not inclined to interfere with the impugned judgment and order of the Karnataka High Court. Therefore, the Special Leave Petition was dismissed. All pending applications, if any, were also disposed of. To Read Full Judgment, Download PDF Given Below