Karnataka High Court
Karnataka High Court,Karnataka HC,High Court of Karnataka, High Court of Mysore,Bangalore High Court
![Relief to Karnataka Bank: Foreign Exchange Loss while implementing Export Contract is a Business Loss, affirms HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Karnataka-Bank-Foreign-export-contract-business-loss-Taxscan.jpeg "Relief to Karnataka Bank: Foreign Exchange Loss while implementing Export Contract is a Business Loss, affirms HC [Read Order]")
Relief to Karnataka Bank: Foreign Exchange Loss while implementing Export Contract is a Business Loss, affirms HC [Read Order]
In a major relief to the Karnataka Bank, the Karnataka High Court reiterated that the Foreign exchange loss while implementing the export contract is...
![Karnataka HC dismisses Flipkart’s Plea challenging the CCI probe [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Karnataka-High-Court-Flipkart-Plea-challenging-CCI-probe-Taxscan.jpg "Karnataka HC dismisses Flipkart’s Plea challenging the CCI probe [Read Order]")
![Income Tax Deduction not claimed in Original Assessment Proceedings can’t be claimed during Re-assessment: Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/07/Deduction-assessment-proceedings-re-assessment-Karnataka-High-Court-Taxscan.jpg "Income Tax Deduction not claimed in Original Assessment Proceedings can’t be claimed during Re-assessment: Karnataka High Court [Read Judgment]")
![Relief to More Retail: Karnataka HC quashes endorsement demanding Transfer of Excise License Fee [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/07/More-Limited-More-Retail-Karnataka-High-Court-endorsement-demanding-transfer-excise-license-fee-Taxscan.jpg "Relief to More Retail: Karnataka HC quashes endorsement demanding Transfer of Excise License Fee [Read Judgment]")
Penalty under VAT Act can’t be imposed in every case merely because it is lawful to do so: Karnataka High Court [Read Order]
The Karnataka High Court ruled that the Penalty under Value Added Tax Act can not be imposed in every case merely because it is lawful to do so. The petitioner, M/s Mangalore Refinery and...
![Penalty under VAT Act can’t be imposed in every case merely because it is lawful to do so: Karnataka High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Penalty-VAT-Act-Karnataka-High-Court-Taxscan.jpg "Penalty under VAT Act can’t be imposed in every case merely because it is lawful to do so: Karnataka High Court [Read Order]")
Circular mandating Pre-SCN for Service Tax Demand beyond 50 Lakh: Karnataka HC says, the Benefit of Master Circular can't be One-Sided, dismisses Taxpayer's Plea
The Karnataka High Court while dismissing the taxpayer’s plea held that the benefit of Master Circular Circular mandating Pre-Show Cause Notice for Service Tax demand beyond Rs.50 Lakh cannot be...
GST: Karnataka HC scraps Rule 31A(3) of CGST Rules Imposing Liability on Entire Bet Amount Received by Horse Race Clubs [Read Judgment]
The Karnataka High Court on Wednesday struck down Rule 31A(3) of the Central Goods and Services Tax (CGST) Rules, 2017 which imposes Liability on Entire Bet Amount Received By Horse Race Clubs. ...
![GST: Karnataka HC scraps Rule 31A(3) of CGST Rules Imposing Liability on Entire Bet Amount Received by Horse Race Clubs [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/06/Karnataka-High-Court-CGST-Rules-Imposing-Liability-Bet-Amount-Horse-Race-Clubs-Taxscan.jpg "GST: Karnataka HC scraps Rule 31A(3) of CGST Rules Imposing Liability on Entire Bet Amount Received by Horse Race Clubs [Read Judgment]")
Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]
The Karnataka High Court while quashing the parallel Proceedings by the State Government against Dreamz Infra India ruled that the Insolvency and Bankruptcy Code, (2016 (IBC) will have an overriding...
![Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Dreamz-Infra-India-Karnataka-High-Court-State-Govt-IBC-State-Act-Taxscan.jpg "Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]")
Departmental Appeal not maintainable before HC if monetary limit involved is less than Rs.1 crore: Karnataka HC [Read Judgment]
The Karnataka High Court ruled that the Departmental Appeal before the High Court if monetary limit involved is less than Rs.1 crore. The respondent authority has argued that the monetary limit...
![Departmental Appeal not maintainable before HC if monetary limit involved is less than Rs.1 crore: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/05/Departmental-Appeal-monetary-limit-Karnataka-HC-taxscan.jpg "Departmental Appeal not maintainable before HC if monetary limit involved is less than Rs.1 crore: Karnataka HC [Read Judgment]")
No TDS applicable on Lease Financial Amount: Karnataka HC allows relief to Lease Financial Company [Read Judgment]
The Karnataka High Court ruled that no deduction is required to be made in respect of the payments to lease financial companies on the lease financial amounts. The Assessee, Texas Instruments...
![No TDS applicable on Lease Financial Amount: Karnataka HC allows relief to Lease Financial Company [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/05/TDS-No-Deduction-required-Payments-to-Lease-Financial-Company-Lease-Financial-Amounts-Karnataka-High-Court-Taxscan.jpg "No TDS applicable on Lease Financial Amount: Karnataka HC allows relief to Lease Financial Company [Read Judgment]")
[Breaking] Relief to Google: Karnataka High Court quashes ITAT’s order imposing Royalty Taxation for ‘Adwords Program’
The Karnataka High Court, while providing relief to Google India, quashed the order passed by Income Tax Appellate Tribunal (ITAT) imposing royalty taxation for ‘Adwords program’. The assessee,...
![[Breaking] Relief to Google: Karnataka High Court quashes ITAT’s order imposing Royalty Taxation for ‘Adwords Program’](https://www.taxscan.in/wp-content/uploads/2021/04/Google-Karnataka-High-Court-ITAT-royalty-taxation-Adwords-program-Taxscan-1.jpg "[Breaking] Relief to Google: Karnataka High Court quashes ITAT’s order imposing Royalty Taxation for ‘Adwords Program’")