Karnataka High Court
Karnataka High Court,Karnataka HC,High Court of Karnataka, High Court of Mysore,Bangalore High Court
![Expenditure made in Cash Payments to Agriculturists / Farmers for purchase of land should be Disallowed: Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Karnataka-High-Court-Cash-Payments-Agriculturists-Farmers-land-Taxscan-1.jpg "Expenditure made in Cash Payments to Agriculturists / Farmers for purchase of land should be Disallowed: Karnataka High Court [Read Judgment]")
Expenditure made in Cash Payments to Agriculturists / Farmers for purchase of land should be Disallowed: Karnataka High Court [Read Judgment]
The Karnataka High Court upheld the order of the Tribunal disallowing the expenditure under Section 40A(3) of the Income Tax Act, 1961 in respect of...
![ITAT allows Deduction to Cafe Coffee Day on belated payment of Employee’s contribution to PF [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Cafe-Coffee-Day-Taxscan.jpg "ITAT allows Deduction to Cafe Coffee Day on belated payment of Employee’s contribution to PF [Read Order]")
![Karnataka HC allows Petitioner to file application seeking Revocation of Cancellation of GST Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/GST-registration-petitioner-Taxscan.jpeg "Karnataka HC allows Petitioner to file application seeking Revocation of Cancellation of GST Registration [Read Order]")
![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]
The Karnataka High Court held that the assessee is eligible for exemption under Section 54F of the Income Tax Act for the investment made in the house property in the USA. The assessee is a...
![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]")
Tribunal not justified in allowing claim of Interest from deposits without considering terms and conditions of the agreement: Karnataka HC
The Karnataka High Court held that the tribunal was justified in not allowing the claim of interest from the deposits made by the appellant without considering the terms and conditions of the...
Assets brought into existence for enduring benefit of business to be treated as Capital Expenditure & not Revenue Expenditure: Karnataka HC
The Karnataka High Court while upholding the order of the tribunal held that asset was brought into existence for the enduring benefit of the business and therefore, the same has to be treated as...
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]")