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High Court of Karnataka Dismisses Challenge to KERC Order on Cross-Subsidy Surcharge for Open Access Industrial Consumers. Cross-Subsidy Surcharge Upheld as Valid Regulatory Measure Under Sections 42, 61, 62, 86 of Electricity Act, 2003.

The petitioner, Star Metallics and Power Private Limited, an industrial consumer of electricity, filed writ petitions under Articles 226 and 227 of th...

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High Court of Karnataka Allows Writ Petition for Condonation of Delay in Investment Under Section 54EC of Income Tax Act, 1961 — CBDT's Rejection Set Aside. The CBDT's power under Section 119(2)(b) is not circumscribed by any time limit and must be exercised liberally to avoid hardship.

The petitioner, Dr. Sujatha Ramesh, sold an immovable property during the Assessment Year 2013-14 and realized long-term capital gains. To claim exemp...

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High Court of Karnataka Dismisses Revenue's Appeal in Income Tax Case — Tribunal Correctly Held Commissioner Not Justified Under Section 263 for Alleged Double Deduction of Excise Duty. Assessing Officer Followed Permissible View and Assessee Did Not Claim Deduction Twice.

The present appeal was filed by the Revenue under Section 260-A of the Income Tax Act, 1961, against the order of the Income Tax Appellate Tribunal (I...

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High Court of Karnataka Acquits Accused in CBI Bank Fraud Case Due to Lack of Evidence of Conspiracy and Forgery. Convictions under Sections 120B, 467, 468, 471, 420 IPC set aside as prosecution failed to prove meeting of minds and forgery beyond reasonable doubt.

The case involves multiple criminal appeals filed by accused persons convicted by the XXXII Additional City Civil and Sessions Judge and Special Judge...