Calcutta HC Disqualifies Politician Mukul Roy from Assembly under Anti-Defection Law  ||  Supreme Court Bans Mining in and Around National Parks and Wildlife Sanctuaries  ||  Supreme Court Terms Delay in Framing Charges for 4 Years in Maharashtra Case ‘Shocking’  ||  Kerala High Court: Widow’s Remarriage No Bar to Compassionate Appointment  ||  Delhi HC: Child Care Leave Not Absolute but Cannot Be Denied Arbitrarily  ||  Bombay HC: Furnace Oil Not Part of ‘Plant & Machinery’, No Complete Sales Tax Set-Off  ||  MP HC: Injury Not Required to Prove Attempt to Murder  ||  Supreme Court: Tenant Must Pay Rent Despite Appeal Against Fixation Order Without Stay  ||  Supreme Court: Counterclaim under Order 8 Rule 6A CPC Allowed Only Against Plaintiff  ||  SC: Externally Procured Parts Given For Assembly, Not Used in Manufacture, Not Liable to Excise Duty    

Karnataka High Court Annuls Income Tax Notices Against Infosys - (25 Jun 2019)

DIRECT TAXATION

Karnataka High Court has annulled Income Tax Notices against Infosys Limited. The Court observed that it was also significant to note that there was no iota of material available in the reasons recorded by the Assessing Officer to believe escapement of tax on any such agreement where Infosys has received the revenue from foreign companies for deputing the technical members independent of software development work.

Tags : KARNATAKA HIGH COURT   INFOSYS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved