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Karnataka High Court

No TDS on Payments to Non-Residents for Social Media Ads: Karnataka HC

February 22, 2025 231 Views 0 comment Print

Karnataka High Court held that TDS is not deductible on payment to non-residents for advertisements in several social medias like Facebook, Amazon Web Services and Rocket Science Group. Accordingly, appeals are dismissed.

Grant Final Opportunity for Convict in NI Act Sec. 138 Offense: Karnataka HC

February 22, 2025 99 Views 0 comment Print

Karnataka High Court held that accused convicted for the offence punishable under section 138 of the Negotiable Instruments Act to grant final opportunity to cross-examine complainant on deposit of 50% of the fine amount before trial court.

Section 131 IT Act Empowers AO to Summon Documents as Civil Court: Karnataka HC

February 20, 2025 348 Views 0 comment Print

 Karnataka High Court dismisses Revenue’s appeal in PCIT Vs Ennoble Construction, ruling on transport creditors’ tax liability and evidentiary burden.

No Section 271C Penalty for Non-Deduction of TDS Due to Professional Advice: Karnataka HC

February 16, 2025 765 Views 0 comment Print

Karnataka HC quashed penalty imposed under Section 201 of Income Tax Act for non-deduction of TDS on professional advice, citing specific legal provisions and case facts.

No Tax on Diesel Captive Generating under Karnataka Tax on Entry of Goods

February 16, 2025 183 Views 0 comment Print

Karnataka High Court rules that diesel captive generating sets are exempt from entry tax under Section 11-A of KTEG Act, 1979. Advance ruling order set aside.

Karnataka HC Allows Section 54EC Capital Gains Exemption Despite Delay

February 16, 2025 933 Views 0 comment Print

Karnataka High Court grants capital gains tax exemption under Section 54EC despite delayed investment in bonds, overturning CBDT’s refusal to condone the delay.

Delay in filing income tax return results into imposition of penalty and prosecution: Karnataka HC

February 11, 2025 114 Views 0 comment Print

Karnataka High Court held that delay in filing of income tax returns results into imposition of penalty and prosecution. Payment of penalty for delay in filing return doesn’t exonerate petitioner from being prosecuted.

Service tax payable only on service component in case of retreading tyres: Karnataka HC

February 11, 2025 72 Views 0 comment Print

Karnataka High Court held that in case of service of retreading tyres, service tax is payable only with respect to the service component under the Finance Act. Service tax is not payable on the entire gross value. Hence, petition partly allowed.

Section 271D Penalty: Limitation Period Commences from ITO’s Reference to Addl. CIT, Rules HC

February 10, 2025 552 Views 0 comment Print

In the recent ruling Hon’ble HC have observed that penalty proceedings, initiated u/s 271 D is barred by delay & laches as period of limitation starts from the reference made by ITO to Addl. CIT.

Bill without Supply: HC Revokes GST Registration Suspension Pending Enquiry

February 8, 2025 123 Views 0 comment Print

Karnataka High Court revokes the suspension of GST registration, ruling that suspension pending enquiry is too harsh. Authorities to decide based on due process.

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