![Provision for Warranty is allowable as Deduction when the assessee has not made provision on a Scientific basis: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/08/provision-warranty-deduction-assessee-Amco-Battery-Karnataka-High-Court-Taxscan.jpg "Provision for Warranty is allowable as Deduction when the assessee has not made provision on a Scientific basis: Karnataka HC [Read Judgment]")
Provision for Warranty is allowable as Deduction when the assessee has not made provision on a Scientific basis: Karnataka HC [Read Judgment]
The Karnataka High Court held that the provision for warranty is allowable as deduction when the assessee has not made provision on a scientific...
![Amendment in Section 40(a)(ia) of Income Tax Act is Retrospective in Nature: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Karnataka-High-Court-Income-Tax-Act-Taxscan.jpg "Amendment in Section 40(a)(ia) of Income Tax Act is Retrospective in Nature: Karnataka HC [Read Order]")
![Non-Compete Fees paid to Employees not Taxable as per Indo-USA Tax Treaty: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/07/Non-Competent-Fee-Karnataka-High-Court-Taxscan.jpeg "Non-Compete Fees paid to Employees not Taxable as per Indo-USA Tax Treaty: Karnataka HC [Read Judgment]")
![2 Apartments in Same Building is 1 Residential Unit, to Compute Capital Gain Deduction: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/06/Residential-unit.jpeg "2 Apartments in Same Building is 1 Residential Unit, to Compute Capital Gain Deduction: Karnataka HC [Read Judgment]")
![ATMs are Computers, Entitled to a Higher Rate of Depreciation: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/06/ATM-Depreciation-Karnataka-High-Court-Taxscan.jpg "ATMs are Computers, Entitled to a Higher Rate of Depreciation: Karnataka HC [Read Judgment]")
Tribunal failed to deal with Claim of Assessee for Deduction under Section 10A of Income Tax Act, 1961: Karnataka HC [Read Judgment]
The High Court of Karnataka held that the tribunal has not dealt with the claim of the assessee for deduction under Section 10A of the Income Tax Act, 1961. The assessee, M/S Yokogawa India Ltd. is...
![Tribunal failed to deal with Claim of Assessee for Deduction under Section 10A of Income Tax Act, 1961: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/04/GST-TRAN-1-Karnataka-High-Court-Taxscan.jpg "Tribunal failed to deal with Claim of Assessee for Deduction under Section 10A of Income Tax Act, 1961: Karnataka HC [Read Judgment]")
Mere grant of Registration shall not result in grant of benefit u/s 10 and 11: Karnataka HC [Read Judgment]
The High Court of Karnataka held that the mere grant of registration to the assessee shall not result in the grant of benefit to it ipso facto under Sections 11 and 12 of the Income Tax Act, 1961 and...
![No TDS on Agreement for Bulk Sale of Advertisement Space: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/11/Advertisement-Space-Karnataka-High-Court-Taxscan.jpg "No TDS on Agreement for Bulk Sale of Advertisement Space: Karnataka HC [Read Judgment]")
No Notice required to be issued when No Return filed in response to Sec 148 Notice: Jammu & Kashmir HC [Read Order]
The division bench of the Jammu and Kashmir High Court has held that, notice under Section 143(2) of the Income Tax Act was not required to be issued even in the case when no return in response to...
![No Notice required to be issued when No Return filed in response to Sec 148 Notice: Jammu & Kashmir HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Notice-Taxscan.jpg "No Notice required to be issued when No Return filed in response to Sec 148 Notice: Jammu & Kashmir HC [Read Order]")