Karnataka High Court allows Ingersoll-Rand’s tax appeals, clarifying rules on club fees, ad-hoc disallowances, and 80HHC deduction for service income.
Karnataka High Court held that initiation of simultaneous proceedings in relation to same year, by Assistant and Deputy Commissioner, by putting forth very same contentions is clearly impermissible in law. Accordingly, order are liable to be quashed.
Karnataka High Court rules GST appeal cannot be rejected solely for late deposit if paid within the appeal limitation period.
Karnataka High Court directs authorities to adhere to the Supreme Court’s decision regarding the 12% Forest Development Tax on forest products.
Karnataka High Court directs the PWD to consider Athreya Constructions’ representation regarding a GST rate hike on a pre-existing work order.
Karnataka High Court quashed an ex-parte GST order against Nakoda Auto Distributors, allowing them to respond to notices after their father’s illness prevented timely action.
Karnataka High Court quashes simultaneous GST proceedings by Deputy & Assistant Commissioners against Al-Tech Engineering for FY 2019-20, citing legal bar.
Unlike conventional crimes which affect individuals or specific groups, economic offences have potentiality to threaten the stability of national economy. Economic offences are grave and they always pose a threat to the health of the economy of the country.
Karnataka High Court rules that Section 50 of the Income Tax Act is not applicable without an actual depreciation claim, even if the asset is depreciable.
Karnataka High Court held that statutory upper limit of maximum stamp duty INR 25 crores under the Karnataka Stamp (Second Amendment) Act, 2022 is not applicable to the additional duty levied under section 3B the Karnataka Stamp Act, 1957.
