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Bombay High Court Quashes Reopening Notice and Order in Section 148 Proceeding. Assessee's Deduction Under Section 36(1)(viia) Could Not Be Reopened as Assessing Officer Had Considered Issue During Original Scrutiny and No New Material Justified Escapement.

The petitioner, a scheduled bank, challenged a notice issued under Section 148 of the Income Tax Act, 1961 seeking to reopen the assessment for Assess...

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High Court of Karnataka Disposes of Three Writ Petitions Challenging Government Orders and Lokayukta Charge Memoes in Basava Vasati Housing Scheme Scam Case. Court Examines Legality of Disciplinary Proceedings Under Karnataka Civil Services (CCA) Rules, 1957 and Lokayukta Act, 1984.

Three writ petitions were filed before the High Court of Karnataka by retired engineers of Karnataka Rural Infrastructure Development Limited (KRIDL),...

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High Court of Karnataka Hears Writ Petition Seeking Enforcement of RBI COVID-19 Moratorium Package. Petitioner Challenges Banks' Denial of Moratorium Under RBI Circular Dated 27.03.2020.

Velankani Information Systems Limited, a company operating an IT park and a five-star hotel in Bengaluru, availed term loans aggregating Rs. 475 crore...

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High Court of Karnataka Considers Rejection of Plaint in Suit for Specific Performance of Granted Land Subject to Non-Alienation Condition. Court Examines Whether Agreement to Sell Executed During Non-Alienation Period is Void Under Karnataka SC/ST Act, 1978.

The civil revision petition arose from an order of the trial court rejecting the petitioners' application to reject the plaint in a suit for specific ...