Karnataka High Court — Direct Tax

1. Karnataka High Court · 14 Dec 2015
   No addition u/s 41(1) for unclaimed stale Drafts / Pay Orders if liability to pay back not ceased

   CIT. & ACIT. vs. Karnataka Vikas Grameen Bank

   (2016) TaxCorp(LJ) 9855 (HC-KARNATKATA) · Section. 41(1)

2. Karnataka High Court · 25 Jan 2016
   Penalty U/S 271(1) (C) Not Maintainable In Absence Of Proper Notice

   M/s. Safina Hotels Private Limited vs. CIT & DCIT

   (2016) TaxCorp(LJ) 9854 (HC-KARNATKATA) · Section. 271(1) (C)

3. Karnataka High Court · 12 Feb 2016
   S. 271(1)(c)/ 271(1-B): If the notice is issued without application of mind (by striking out the relevant part in the notice), the penalty proceedings are invalid

   Safina Hotels Private Limited vs. CIT

   (2016) TaxCorp(LJ) 9835 (HC-KARNATKATA) · Sections 271(1)(c), 271(1-B)

4. Karnataka High Court · 08 Feb 2016
   HC - Assessee not in default for non-deducting TDS u/s 194A on provision for interest reversed subsequently.

   Karnataka Power Transmission Corporation Limited Vs DCIT

   (2016) TaxCorp(LJ) 9824 (HC-KARNATKATA)

5. Karnataka High Court · 29 Jan 2016
   HC - 50% additional depreciation allowable in second year.

   CIT vs. Rittal India Pvt. Ltd.

   (2016) TaxCorp(LJ) 9804 (HC-KARNATKATA) · Section 32(1)(iia)

6. Karnataka High Court · 25 Nov 2015
   Tribunal is correct in extending the benefit of Section 32(1)(iia) of the Act to the next assessment year when the income tax Act does not provide for such carryover.

   CIT VS. RITTAL INDIA PVT. LTD

   (2016) TaxCorp(LJ) 9789 (HC-KARNATKATA)

7. Karnataka High Court · 15 Jan 2016
   HC - Nature of expenses incurred in foreign exchange by assessee while claiming Sec 10A exemption to be examined by Tribunal afresh.

   CIT vs. Hewlett Packard Global Soft Ltd.

   (2016) TaxCorp(LJ) 9780 (HC-KARNATKATA) · Section 10A

8. Karnataka High Court · 31 Dec 2015
   HC - Where assessee acceded to AO’s jurisdiction at Belagavi, it was precluded from questioning its jurisdiction after having suffered an assessment order.

   ITO vs Madeeha Enterprises

   (2016) TaxCorp(LJ) 9753 (HC-KARNATKATA) · Section 127

9. Karnataka High Court · 31 Dec 2015
   HC - Circular No. 21/2015 specifying monetary limit for Departmental appeals applies retrospectively to pending appeals.

   CIT vs Telco Construction Equipment Co Ltd

   (2016) TaxCorp(LJ) 9752 (HC-KARNATKATA)

10. Karnataka High Court · 02 Dec 2015
    HC - High Court can ignore CBDT circulars and proceed to decide statutory appeals on merits where substantial question of law is involved.

    CIT vs. South Travancore Distilleries & Allied Products

    (2015) TaxCorp(LJ) 9565 (HC-KARNATKATA)

11. Karnataka High Court · 28 Nov 2015
    HC - In absence of details like business visa, name of person at whose invitation business trip was held, proof of any meetings abroad and details alike, expenditure on foreign trip of MD and his wife disallowed

    Commissioner of Income-tax, Bangalore v. HMA Data Systems (P.) Ltd.

    (2015) TaxCorp(LJ) 9527 (HC-KARNATKATA) · http://taxcorp.in/FileOpenDT.aspx?ID=61399&Category=Judgment&CategoryType=Zip

12. Karnataka High Court · 23 Nov 2015
    HC - Where assessee carried on lottery business as karta of HUF after his father's demise, income of such business can not be taxed in his individual capacity.

    Commissioner of Income-tax, Mangalore v. Manish Kumar Pajwani

    (2015) TaxCorp(LJ) 9465 (HC-KARNATKATA) · http://taxcorp.in/FileOpenDT.aspx?ID=61722&Category=Judgment&CategoryType=Zip

13. Karnataka High Court · 16 Nov 2015
    S. 154: Even if assessee offers interest income as "Other Sources" and claims set-off of brought forward business loss against it u/s 72, AO is not permitted to rectify as issue is debatable

    K. S. Venkatesh vs. DCIT

    (2015) TaxCorp(LJ) 9450 (HC-KARNATKATA) · Section 154

14. Karnataka High Court · 13 Nov 2015
    HC - TRO not authorized to attach a property belonging to the company under liquidation. Official Liquidator to take the possession of the same.

    Official Liquidator of Jupiter Bioscience Limited vs. TRO

    (2015) TaxCorp(LJ) 9421 (HC-KARNATKATA)

15. Karnataka High Court · 19 Nov 2015
    HC - For application of provisions of section 194C, agreement with contractor/sub-contractor can be an oral agreement.

    Commissioner of Income-tax, Belgaum v. Maruti Subray Patil

    (2015) TaxCorp(LJ) 9418 (HC-KARNATKATA) · http://taxcorp.in/FileOpenDT.aspx?ID=62064&Category=Judgment&CategoryType=Zip

16. Karnataka High Court · 04 Nov 2015
    S. 147/ 148: Non-furnishing of reasons for reopening to assessee renders reassessment void

    M/s Kothari Metals vs. ITO

    (2015) TaxCorp(LJ) 9343 (HC-KARNATKATA) · Sections 147, 148

17. Karnataka High Court · 04 Nov 2015
    HC - Sec 72A(2) uses term ‘engaged in business’ which is different from ‘commencement of business’. Loss carry-forward post amalgamation allowed.

    CIT. vs. KBD Sugars & Distilleries Ltd.

    (2015) TaxCorp(LJ) 9337 (HC-KARNATKATA) · Section. 72A

18. Karnataka High Court · 27 Oct 2015
    HC - Voting power in a company relevant and not the shareholding pattern for allowing loss set-off u/s 79.

    CIT. vs. AMCO Power Systems Ltd.

    (2015) TaxCorp(LJ) 9253 (HC-KARNATKATA) · Section. 79

19. Karnataka High Court · 21 Oct 2015
    HC - Exemption u/s 10A is available even where certain on-site development work was sub-contracted to AE.

    Commissioner of Income-tax-III, Bangalore v. Mphasis Software & Service India (P.) Ltd.

    (2015) TaxCorp(LJ) 9217 (HC-KARNATKATA) · http://taxcorp.in/FileOpenDT.aspx?ID=62137&Category=Judgment&CategoryType=Zip

20. Karnataka High Court · 21 Oct 2015
    HC - assessee’s Indian liaison office engaged in purchasing activity is not PE under Article 5 of India-USA DTAA. Not taxable.

    Columbia Sportswear Company vs. DIT

    (2015) TaxCorp(LJ) 9212 (HC-KARNATKATA)

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