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KAHC010028192013_1

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High Court of Karnataka Adjudicates TDS Obligations of Turf Clubs on Stake Money Payments to Horse Owners under Income Tax Act. Interpretation of Section 194B and CBDT Circulars Central to Dispute over Characterization of Stake Money as Winnings.

The case involved writ petitions filed by Bangalore Turf Club Limited, Mysore Race Club Limited, Karnataka Race Horse Owners Association, and an indiv...

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Supreme Court Disposes of Appeals by Authority for Advance Rulings Against High Court Judgment Quashing AAR's Rejection of Treaty Benefits. Questions Raised on Taxation of Capital Gains Under India-Mauritius DTAA and Scope of Section 245R(2) Proviso (iii) of Income Tax Act, 1961.

The disputes arose from applications for advance ruling filed by three Mauritius-incorporated companies—Tiger Global International II Holdings, Tige...

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High Court of Karnataka Hears Appeal Against Trial Court's Damages Award in Illegal Termination Suit; Cross-Objection for Higher Damages Also Considered. Judgment Under Section 96 CPC and Order XLI Rule 1 is Delivered After Remand for Quantification.

This case involved the challenge to the termination of a managerial employee in a private limited company. H.R. Thimmappa Gowda joined Goetze (India) ...

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High Court Hears Appeals Against Conviction for Cheating and Corruption—Bank Employees and Others Accused of Disappearing Clearing Cheques to Cause Rs. 35.50 Lakh Loss. Conviction Under IPC Sections 120-B, 420 and Prevention of Corruption Act Challenged on Grounds of Erroneous Appreciation of Evidence.

The case originated from a prosecution by CBI against five accused persons for conspiracy to cheat Bank of India. Accused No.1, a clerk at the Service...

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High Court of Karnataka Dismisses/Allows Appeal in Specific Performance Suit. Readiness and Willingness Under Section 16(c) of Specific Relief Act, 1963 Evaluated.

This regular first appeal under Section 96 of the Code of Civil Procedure, 1908 challenged the judgment and decree dated 20.11.2012 passed by the Seni...

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High Court of Bombay Hears Arbitration Petition Under Section 11 of Arbitration Act in Stockist Agreement Dispute. Respondent Raises Preliminary Objections Based on MSMED Act and Alleged Forgery of Arbitration Agreement.

The arbitration petition under Section 11(6) of the Arbitration and Conciliation Act, 1996 was filed by the petitioner, a proprietary concern acting a...