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.
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 High Court grants capital gains tax exemption under Section 54EC despite delayed investment in bonds, overturning CBDT’s refusal to condone the delay.
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.
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.
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.
Karnataka High Court revokes the suspension of GST registration, ruling that suspension pending enquiry is too harsh. Authorities to decide based on due process.
Karnataka High Court allows Vaishan Traders to contest discrepancies in GST seizure case, directing compliance with the hearing notice. Read the case summary here.
Karnataka High Court remanded GST case for fresh consideration due to the amendment in the time limit for filing returns.
Karnataka High Court held that Assessment Order and other proceedings taken up against the deceased are all null & void. Also held that proceedings initiated against deceased person by issuing notice after demise cannot be continued against the legal representative.
