Search Results for "Regular Assessment"

1176 result(s) found

Scroll Down To Discover

Found 1176 result(s)

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes FIR Against Directors in VAT Evasion Case — IPC Offences Not Invokable When Special Statute Exists. FIR under IPC and MVAT Act quashed as investigation under MVAT Act must be by VAT authorities, not police, and IPC cannot be invoked for acts covered by special statute.

The petitioners, directors of G.S. Oils Ltd., challenged FIR No. 139/2012 registered at Police Station Wani for offences under Sections 406, 409, 420,...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Appeal in Income Tax Case — HDPE Powder Stock Not Unexplained Investment Under Section 69. Assessee's books of accounts showing purchases and closing stock were accepted, and nature and source of investment were duly explained.

The appeal was filed by the assessee, Babulal C. Borana, a dealer in HDPE plastic powder, under Section 260A of the Income Tax Act, 1961 against the d...

© Image Copyrights Juris Services & Technology

High Court of Karnataka Examines Challenges to State Guidelines on Appointment of Pollution Control Board Chairman. Court Considers Whether Executive Guidelines Violate Water Act and Binding Supreme Court Precedent.

The High Court of Karnataka at Bengaluru heard a batch of eight writ petitions, six of which were filed in public interest litigation jurisdiction. Th...

© Image Copyrights Juris Services & Technology

High Court of Karnataka Allows Appeal in Income Tax Case — Capital Gain Not Included in Book Profit Under Section 115JB. Income from capital gain on sale of land held as investment cannot be included in book profit for MAT purposes under Section 115JB of the Income Tax Act, 1961.

The appeal was filed by Sri Hariram Hotels (P) Ltd. against the order of the Income Tax Appellate Tribunal (ITAT), Bangalore Bench, relating to the as...

© Image Copyrights Juris Services & Technology

Karnataka High Court Hears Regular First Appeal Against Dismissal of Permanent Injunction Suit Over Agricultural Land. Suit Involves Claims of Ownership and Interference by Co-operative Societies and Site Owners Association.

The case originated from a suit for permanent injunction filed by the plaintiff against three defendant societies/associations concerning agricultural...