Karnataka High Court
Karnataka High Court,Karnataka HC,High Court of Karnataka, High Court of Mysore,Bangalore High Court
Karnataka HC quashes order imposing Tax and Penalty equal to 100% on Areca nut for Release of Detained Goods and Conveyances in Transit [Read Order]
The Karnataka High Court while remitting the matter back to the Single Judge Bench quashed the order imposing tax and penalty equal to 100% on areca...
![Karnataka High Court quashes order directing AO to disallow the Deduction TO both Owner and Land Developer [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Karnataka-High-Court-AO-deduction-Taxscan.jpg "Karnataka High Court quashes order directing AO to disallow the Deduction TO both Owner and Land Developer [Read Order]")
![Assessee is eligible for exemption under Section 54F for investment made in the house property in USA: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/house-property-USA-exemption-Assessee-Taxscan.jpg "Assessee is eligible for exemption under Section 54F for investment made in the house property in USA: Karnataka HC [Read Judgment]")
Foreign Currency Expenditure for providing Software Development Services can’t be excluded from Export Turnover for Computing Deduction: Karnataka HC [Read Judgment]
The Karnataka High Court held that the Foreign currency expenditure incurred for providing software development services outside India cannot be excluded from export turnover for the purpose of...
![Foreign Currency Expenditure for providing Software Development Services can’t be excluded from Export Turnover for Computing Deduction: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Foreign-currency-expenditure-software-development-services-Taxscan.jpg "Foreign Currency Expenditure for providing Software Development Services can’t be excluded from Export Turnover for Computing Deduction: Karnataka HC [Read Judgment]")
While computing Capital Gains benefit of indexed Cost of Acquisition is to be considered for computing Tax liability: Karnataka High Court [Read Judgment]
The Karnataka High Court quashed the order of the ITAT as it did not consider the reasoning that while computing capital gains the benefit of indexed cost of acquisition is to be considered for the...
![While computing Capital Gains benefit of indexed Cost of Acquisition is to be considered for computing Tax liability: Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Capital-Gains-Cost-Acquisition-Karnataka-High-Court-Taxscan.jpg "While computing Capital Gains benefit of indexed Cost of Acquisition is to be considered for computing Tax liability: Karnataka High Court [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 basis.The assessee filed the return of income for the...
![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]")
Karnataka High Court directs Designated Committee to accept declaration in Form No.SVLDRS-1 [Read Judgment]
The Karnataka High Court directed the Designated Committee to accept declaration under Form No.SVLDRS-1 as final. The petitioner, M/s Jagdish Advertising is an Advertising Agency engaged in the...
![Karnataka High Court directs Designated Committee to accept declaration in Form No.SVLDRS-1 [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/08/Karnataka-High-Court-Designated-Committee-SVLDRS-1-Taxscan.jpg "Karnataka High Court directs Designated Committee to accept declaration in Form No.SVLDRS-1 [Read Judgment]")
Seizure of perishable Goods twice by GST Authorities is unjustified: Karnataka HC allows Transporter’s petition [Read Judgment]
The Karnataka High Court quashed the order of detention of goods conveyance vehicle by GST authorities passed for the second time against a Transporter by initiating a proceeding under section 67 of...
![Seizure of perishable Goods twice by GST Authorities is unjustified: Karnataka HC allows Transporter’s petition [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/08/GST-authorities-goods-Perishable-Goods-Karnataka-High-Court-Taxscan.jpg "Seizure of perishable Goods twice by GST Authorities is unjustified: Karnataka HC allows Transporter’s petition [Read Judgment]")
No Capital Gain Tax on Conversion of Land held as Stock, Transferred upon HUF-partition: Karnataka HC [Read Judgement]
The Karnataka High Court held that the land held as stock, transferred upon HUF-partition, doesn’t tantamount to conversion into “capital asset” for the purpose of imposing a capital gain tax under...
![No Capital Gain Tax on Conversion of Land held as Stock, Transferred upon HUF-partition: Karnataka HC [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2020/07/capital-gain-tax-HUF-partition-Land-Taxscan.jpg "No Capital Gain Tax on Conversion of Land held as Stock, Transferred upon HUF-partition: Karnataka HC [Read Judgement]")
Supreme Court expunges Personal Remarks made against Commercial Tax Officer in Karnataka HC Order [Read Order]
The Supreme Court expunged personal remarks made against Commercial Tax Officers in an order passed by Karnataka High Court. An order of reassessment passed by the petitioner, Sujata K.C. who was the...
