ITEM NO.12 COURT NO.4 SECTION XI-A SUPREME COURT OF INDIA RECORD OF PROCEEDINGS Petition(s) for Special Leave to Appeal (C) No(s).10450/2022 (Arising out of impugned final judgment and order dated 24-06-2021 in ITR No. 196/1997 passed by High Court of Kerala at Ernakulam) COMMISSIONER OF INCOME TAX Petitioner(s) VERSUS M/S BHAGEERATHA ENGINEERING LTD. Respondent(s) (FOR ADMISSION and I.R. and IA No.83504/2022-EXEMPTION FROM FILING C/C OF IMPUGNED JUDGMENT) WITH SLP(C) No. 10397/2022 (XI-A) (FOR ADMISSION and I.R. and IA No.82920/2022-EXEMPTION FROM FILING C/C OF IMPUGNED JUDGMENT) SLP(C) No. 10695/2022 (XI-A) (FOR ADMISSION and I.R.) Date : 18-07-2022 These petitions were called on for hearing today. CORAM : HON'BLE DR. JUSTICE D.Y. CHANDRACHUD HON'BLE MR. JUSTICE A.S. BOPANNA For Petitioner(s) Mr. N.Venkataraman, ASG Mr. Subhranshu Padhi, Adv. Mr. Tejas Patel, Adv. Mr. Aniruddh Bhatt, Adv. Mr. Shashank Bajpai, Adv. Ms. Udai Khanna, Adv. Mr. Raj Bahadur Yadav, AOR For Respondent(s) UPON hearing counsel Court made following Signature Not Verified ORDER Digitally signed by Sanjay Kumar Date: 2022.07.19 17:23:12 IST Reason: 1 In paragraph 8 of its judgment, High Court has specifically observed that completed contract method adopted by assessee in current facts and 2 circumstances is right and, hence, bills which were certified as relating to work completed could not be recognized as receipts and brought to tax in assessment year 1986-87. 2 In view above factual clarification by High Court, there is no warrant for Court to exercise its jurisdiction under Article 136 of Constitution. 3 Special Leave Petitions are dismissed. 4 Pending application, if any, stands disposed of. (SANJAY KUMAR-I) (SAROJ KUMARI GAUR) DEPUTY REGISTRAR COURT MASTER Commissioner of Income-tax v. Bhageeratha Enginering Ltd