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General U.S. NewsNov 1, 2026·2 min read

Supreme Court paves way for IT assessments of two businessmen sons of former CJI Y.K. Sabharwal

T

The Hindu – National

thehindu.com
2d ago
Supreme Court paves way for IT assessments of two businessmen sons of former CJI Y.K. Sabharwal

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Subscribed with another email? Logout and Login with that one. Account subscription benefits alongside Premium Stories, Editorials, Opinions and more. Unlock these with Subscription Updated - November 01, 2026 01:27 pm IST - New Delhi A view of the Supreme Court of India in New Delhi. FIle | Photo Credit: Sushil Kumar Verma The Supreme Court has cleared the decks for the income-tax assessments of the two businessmen sons of former Chief Justice of India YK Sabharwal over share transactions that funded their purchase of a prime property on Delhi's Sikandra Road in 2010. A Bench of Justices J.B. Pardiwala and K. Vinod Chandran dismissed four appeals filed by Chetan and Nitin Sabharwal, while upholding income tax reassessment notices issued for assessment years 2008-09 and 2009-10. Justice Sabharwal served as the 36th Chief Justice of India (November 1, 2005 to January 14, 2007) and had a long judicial career spanning the Delhi High Court, Bombay High Court, and the Supreme Court of India. The top court said the notice issued by the Income Tax Department dated March 31, 2015, rested on valid "reason to believe" under Sections 147 and 148 of the Income Tax Act, 1961.

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A Bench of Justices J.B. Pardiwala and K. Vinod Chandran dismissed four appeals filed by Chetan and Nitin Sabharwal, while upholding income tax reassessment notices issued for assessment years 2008-09 and 2009-10

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