Karnataka High Court

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High Court of Karnataka Dismisses Revenue's Appeal in Income Tax Case — Capital Gains from Sale of Agricultural Land Held Not Taxable. Land Used for Agriculture and Not Within Urban Limits Under Section 2(14)(iii) of Income Tax Act, 1961....

The case involves appeals filed by the Revenue under Section 260-A of the Income Tax Act, 1961, challenging the order of the Income Tax Appellate Tribunal (ITAT), Bangalore Bench 'B', dated 27.01.2009...

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High Court of Karnataka Quashes Joint Registrar's Endorsement in Co-operative Society Dispute — Lack of Hearing Violates Natural Justice. Endorsement under Section 70 of Karnataka Co-operative Societies Act, 1959 set aside for non-compliance with principles of audi alteram partem....

The petitioners, K. Gopal Krishna Bhat, Shambunumbudari, and Ram Kumar Hebbar, filed writ petitions under Articles 226 and 227 of the Constitution of India challenging an endorsement dated 21/22.2.201...

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High Court of Karnataka Dismisses Revenue's Appeal in Capital Gains Tax Case — Transfer of Development Rights Not a Transfer Under Section 2(47) of Income Tax Act, 1961. The court held that a Joint Development Agreement does not constitute a transfer of the capital asset, and capital gains tax is not chargeable until the sale deed is executed....

The case involves appeals filed by the Revenue under Section 260-A of the Income Tax Act, 1961, challenging the order of the Income Tax Appellate Tribunal (ITAT), Bangalore Bench 'B', dated 27.01.2009...

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High Court of Karnataka Quashes Registrar's Endorsement in Co-operative Society Dispute — Lack of Hearing Violates Natural Justice. Joint Registrar's refusal to entertain dispute under Section 70 of Karnataka Co-operative Societies Act, 1959 set aside for non-compliance with principles of natural justice....

The petitioners, members of a co-operative society, raised a dispute under Section 70 of the Karnataka Co-operative Societies Act, 1959 before the Joint Registrar of Co-operative Societies. The Joint ...

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High Court of Karnataka Allows Revision Petitions in KVAT Composition Tax Case — Works Contract Not Eligible for Composition Under Section 15 of Karnataka Value Added Tax Act, 2003. The court held that once a dealer opts for composition under Section 15, the turnover attributable to works contract cannot be separately taxed under Section 4(1)(b) of the Act....

The petitioner, M/s Suzlon Infrastructure Ltd. (subsequently known as M/s Synefra Engineering & Constructions Ltd. and presently as M/s Aspen Infrastructure Ltd.), is a registered dealer under the Kar...

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High Court Allows Writ Appeals Against Reassessment Notice Under KVAT Act Due to Lack of Jurisdiction — Notice Issued Beyond Limitation Period Under Section 52(1) of Karnataka Value Added Tax Act, 2003....

The appellant, M/s Paharpur Cooling Towers Ltd., engaged in construction, supply, erection and commissioning of cooling towers, was issued a notice under Section 52(1) of the Karnataka Value Added Tax...