In Brief
The Dy. Commissioner of Income Tax challenged a High Court order affecting Pepsi Foods (now PepsiCo India Holdings) via Special Leave Petition. Although delay in filing was condoned, the Court found the petition had become infructuous due to intervening developments disposing of the main matters. The petition was dismissed, but the Court left the underlying question of law open, preserving the petitioner's right to pursue any grievances arising from subsequent orders.
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