Supreme Court Stays Bombay HC Ruling on Capital Gains

The Supreme Court has stayed the Bombay High Court judgment dated 6 January 2026 in the matter concerning the capital gains tax treatment of depreciable assets. While condoning the delay in filing the Special Leave Petition, the Court issued notice and directed that the matter be listed on 30 November 2026. The interim stay does not amount to a final determination of the tax issue.