Courts: Karnataka High Court
Find latest Karnataka High Court judgments, orders and case laws on Income Tax, GST, Customs, Company Law, IBC and other tax and commercial matters.
Interest u/s. 234B and u/s. 234C can be computed only up to the date of regular assessment and not up to the date on which rectification order under section 154 came to be passed
Sanctity of order of court matters rather than higher bid offered at a later stage after the bid was accepted
Services rendered in relation to the execution of a works contract in respect of Railways is not taxable
Profit arising to mediator from Purchase & sale of land to be taxed in his hands
Low Tax Effect Circular not applies to pending appeals – Karnatka HC
AO should consider document provided by forest authority for determining FMV of trees as on 1-4-1981
Commission to partner not authorised by partnership deed is not deductible
Subsidy towards power generation plant is to be reduced from actual cost of plant for allowing depreciation u/s. 32
No Section 54 exemption If assessee himself demolishes building before sale
Income from solitary sale of shares is not business income
Exemption U/s. Sec. 54EA available if initial amount received in kind is eventually invested
AO’s power u/s. 142A to refer matter to valuation officer to estimate cost of construction
Mere suppression of turnover do not lead to taxable income in the head of Assessee
Earning of huge profit within few days by a software company is possible
Karnataka High Court judgments and orders form an important source of judicial precedent on taxation, corporate and commercial law. This TaxGuru page brings together Karnataka High Court case laws concerning Income Tax, GST, Customs, Company Law, insolvency, reassessment, deductions, tax demands, penalties and other legal disputes. Companies, taxpayers, Chartered Accountants, advocates and professionals can use this collection to research relevant judgments and follow developments affecting tax and business law. TaxGuru publishes recent and significant earlier Karnataka High Court decisions with case summaries and analysis of important legal principles. The dedicated category helps readers conveniently locate decisions and research taxation, corporate, commercial and regulatory issues considered by the Karnataka High Court.
