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![Once the Shares of Beneficiaries are found to be determinable, the Trustees cannot be Assessed for such Income: Karnataka HC [Read Judgment] Once the Shares of Beneficiaries are found to be determinable, the Trustees cannot be Assessed for such Income: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/07/Shares-TaxScan.jpg)
Once the Shares of Beneficiaries are found to be determinable, the Trustees cannot be Assessed for such Income: Karnataka HC [Read Judgment]
In a recent decision, the division bench of the Karnataka High Court ruled that once the shares of the beneficiaries are found to be determinable, the...




![Circular prescribing Monetary Limit is not applicable to Offences such as Furnishing False Declaration at the time of filing IT Return: Karnataka HC [Read Judgment] Circular prescribing Monetary Limit is not applicable to Offences such as Furnishing False Declaration at the time of filing IT Return: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/07/Karnataka-High-Court-Tax-Scan.jpg)
![“Imposition of Lifetime Tax on Non - ‘KA’ vehicles is ultravires to the Constitution”: Karnataka High Court [Read Judgment] “Imposition of Lifetime Tax on Non - ‘KA’ vehicles is ultravires to the Constitution”: Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/07/Non-Karnataka-Vehicles-Tax-Scan.jpg)
![Supreme Court rejects Eveready Industries India Ltd’s Claim for Exemption under KST Act [DOWNLOAD JUDGMENT] Supreme Court rejects Eveready Industries India Ltd’s Claim for Exemption under KST Act [DOWNLOAD JUDGMENT]](https://www.taxscan.in/wp-content/uploads/2019/12/Deemed-Sale-Supreme-Court-Taxscan.jpg)