The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the income from maintenance services received along with rental income cannot be included under the head “income from house property” and...
The Karnataka High Court held that refund applications filed under the CENVAT Credit Rules, 2004 cannot be without reference to limitation or time prescribed under Section 11-B of the Central Excise Act, 1944. Appellant is...
The High Court of Karnataka held that show cause notice is a prerequisite condition for quantification of interest or attachment of bank account without which, the proceedings would be null and void. The challenge was...
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that the Automated Teller Machines ( ATM ) would be eligible for the higher rate of depreciation as these machines can be treated...
The Karnataka High court held that the entity registered under the Karnataka Souharda Sahakari Act 1997 fits into the definition of “co-operative society” as enacted by sec. 2(19) of the Income Tax Act, 1961 for...
The Karnataka High Court in the case of M/s Harekrishna Metallics Pvt Ltd v State of Karnataka upheld the validity of the levy of tax on electricity captively generated. The petitioner is a public limited...
The Karnataka High Court has held that there is no immunity to the companies from prosecution merely because the prosecution is in respect of offences for which the punishment prescribed is Mandatory Imprisonment. Petitioners are sought to...
The Karnataka High Court has held that the Input Tax Credit ITC claim not shown in the VAT Return cannot be availed through merely filing Form 240. The Court observed that, When the statutory provision...
The division Bench of the Karnataka High Court has observed that financial stringency would not justify the non-remittance of TDS to the Government, in as much as, it would amount to the utilization of money...
There were a lot of changes in the Goods and Services Tax ( GST ) regime in the year 2019. Here is the top 30 High Court judgments on GST delivered in 2019. Sheen Golden...
The Madras High Court held that Section 167(1)(a) Companies Act not Violative of Articles 14, and 19(1)(g) of the Constitution of India. The judgement was rendered by the divisional bench consisting of Chief Justice A.P.Sahi...
The Karnataka High Court ruled that the obligation under Section 33 of the Act provides that while raising an invoice, the amount of tax is to be indicated in the tax invoice. The ruling was...
The Karnataka High Court has ruled that any mistake said to have been committed by the learned Chartered Accountant in filing VAT Form 240 would not be construed as the mistake apparent from the record...
The High Court of Karnataka upheld the Notification issued by the Government of Karnataka specifying unmanufactured tobacco in “sealed container” for levy of Entry Tax at 5%. The court upheld the Notification in the case...
In a recent case, the Karnataka High Court held that an agreement for bulk sale of advertisement space does not amount to contract for work as applicable under Section 194 C of the Income Tax...
The Karnataka High Court in the case of Mrs. Beena Muralidhar v. Tax recovery officer held that wherein a recovery proceeding, no notice was issued to the joint holder of bank account for lien towards...
The Karnataka High Court has granted Anticipatory bail against arrest under GST for alleged bogus billing / Trading. The Petitioners are husband and wife and they are the Directors of M/s. Steel Hypermart India Private...
The Karnataka High Court has held that if the assessee purchaser proves that the seller has already discharged the tax liability, then the department cannot deny the benefit of input tax credit to such buyer....
In a big relief IT giant Infosys, the Karnataka High Court has quashed Income Tax Notices against Infosys Limited. The Petitioner has challenged the proceedings initiated by the respondent under Section 147 r/w section 148...
The Karnataka High Court has directed the petitioner to approach the jurisdictional Nodal Officer to revise the GST TRAN-1 for non-technical errors. The Court also directed the Nodal Officer to consider the grievances of the...
The year 2018 has been a very significant one to the taxation regime due to some important reforms in the laws and procedures. The contribution of the judiciary including the Supreme Court and various High...
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