Now It is Easier to File Petition for Poor Now, it is easier for the middle and relatively lower income group to avail and enjoy the legal services of the country. The Hon’ble Supreme Court of India has introduced the Middle Income Group Scheme. It is a self supporting scheme which provides legal services to… Read More »
STATE OF KARNATAKA … … APPELLANT(S) : Versus: SELVI J. JAYALALITHA & ORS. … RESPONDENT(S) WITH CRIMINAL APPEAL NOS. 304-307 OF 2017 (Arising out of SLP(Crl.) Nos.6294-6297 of 2015) Download Complete Judgment on Sasikala & jayalalitha in corruption case
Facts of the case On 2nd May, 1979, the applicant assessee converted certain plots of land and shares hitherto held as investments into its stock in trade. On 8th May, 1979, the applicant assessee entered into the partnership firm with six others to trade in land, stock and shares by executing a partnership deed. The… Read More »
SUPREME COURT OF INDIA S.E.B.I. v. Sahara India Real Estate Corpn. Ltd. DIPAK MISRA, RANJAN GOGOI, A.K. SIKRI, JJ. I.A. NOS. 83-85,104-106 AND 131 OF 2015 AND OTHERS FEBRUARY 6, 2017 ORDER On 12th January, 2017, this Court, after referring to the earlier order dated 28th November, 2016, dismissed the application for extension of… Read More »
PCIT Vs. The Totagars Co-operative Sale Society, I.T.A. No. 100069/2016, Date of order: 05.01.2017, High Court of Karnataka Issue: Whether for the purpose of Section 80P(2)(d) of the Income Tax Act,1961, a Co-operative Bank should be considered as a Co-operative Society? Held: Yes Brief Facts: The assessee filed its return of income, and claimed a… Read More »
Held In the present case, the solitary basis for addition of over Rs. 1.67 crores was the chart recovered from the premises of Mr. B. K. Dhingra. Whatever be the facial indications, one thing is apparent i.e. that it revealed some amounts were paid by the third parties. The details of cheques and other particulars… Read More »
Issue Rate of tax applicable under the Karnataka Value Added Tax Act, 2003, on the sale of mobile battery chargers, which are sold in the same package as the mobile phones and separately also Held ” . . . . . The mobile/cell phone charger is an accessory to cell phone and is not a… Read More »
HIGH COURT OF MADRAS Commissioner of Income-tax, Chennai v. K.N. Pannirselvam S. MANIKUMAR AND D. KRISHNAKUMAR, JJ. TAX CASE (APPEAL) NO. 617 OF 2016 SEPTEMBER 1, 2016 T. RaviKumar for the Appellant. JUDGMENT D. Krishnakumar, J. – The present appeal has been filed by the Revenue under Section 260A of the Income Tax Act 1961… Read More »
Issue whether the retail sale of mobile phones, computer spare parts, personal healthcare products, car accessories, cameras etc., done by the petitioner via the online portal www.flipkart.com would qualify as an inter-state sale or a local sale within the union territory of Puducherry. Contention of Revenue Revenue would contend that the consignment moved from Karnataka… Read More »
SC judgement on Ordinances Guests: Urmilesh, Senior Journalist; V.K. Agnihotri, Former Secretary General, Rajya Sabha; Justice G C Bharuka, Former Acting Chief Justice, Karnatka High Court; Mohammad Ali Khan, Spokesperson, Congress ; Vivek Goyal, Leader BJP