  We present near-infrared and optical observations of the nova V496 Scuti 2009
covering various phases - pre-maximum, early decline and nebular - during the
first 10 months of its discovery followed by limited observations in early part
of 2011 April. The spectra follow the evolution of the nova when the lines had
strong P Cygni profiles to a phase dominated by prominent emission lines. The
notable feature of the near-IR spectra in the early decline phase is the rare
presence of first overtone bands of carbon monoxide in emission. Later about
150 days after the peak brightness the IR spectra show clear dust formation in
the expanding ejecta. Dust formation in V496 Sct is consistent with the
presence of lines of elements with low ionization potentials like Na and Mg in
the early spectra and the detection of CO bands in emission. The light curve
shows a slow rise to the maximum and a slow decline indicating a prolonged mass
loss. This is corroborated by the strengthening of P Cygni profiles during the
first 30 days. In the spectra taken close to the optical maximum brightness,
the broad and single absorption component seen at the time of discovery is
replaced by two sharper components. During the early decline phase two sharp
dips that show increasing outflow velocities are seen in the P Cygni absorption
components of Fe II and H I lines. The spectra in 2010 March showed the onset
of the nebular phase. Several emission lines display saddle-like profiles
during the nebular phase. In the nebular stage the observed fluxes of [O III]
and H-beta lines are used to estimate the electron number densities and the
mass of the ejecta. The optical spectra show that the nova evolved in the P_fe
A_o spectral sequence. The physical conditions in the ejecta are estimated. The
absolute magnitude and the distance to the nova are estimated to be M_V = -7.0
+/- 0.2 and d = 2.9 +/- 0.3 kpc respectively.
