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.
Appeal not maintainable before HC if tax effect is less than Rs. 10 lakhs
Company Law – Application under s. 543 cannot be made in vague terms & to conduct a roving enquiry
No Criminal Prosecution if demand itself been set aside
Commissioner cannot cancel exemption certificate granted u/s. 80G without Show Cause Notice
Reopening for lack of price transparency & requirement of price adjustment in ALP valid
Notional loss can be claimed in case of computation of income on notional basis
HC lay down principles for levying penalty u/s 271(1)(c)
Non-appearance by company in winding up proceeding could not be construed as mala fide and intentional
HC orders windup on failure of company to reply notice & pay its admitted liability
Dishonor of cheques given in settlement of admitted debt may lead to winding up of company
Appeal not maintainable if revenue involved is less then limit prescribed by CBDT Circular
Amalgamation not comes within scope of transfer u/s. 2(47)
Deduction u/s. 54 / 54EC cannot be denied for investment in joint names
Winding up petition could not be entertained if supporting of money due not attached
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.
