Supreme Court: GPF Nomination in Favour of a Parent Becomes Invalid Once the Employee Marries  ||  Supreme Court: Candidate Not Disqualified if Core Subject Studied Without Exact Degree Title  ||  Supreme Court: Stamp Duty Relief for Co-Operative Societies Cannot Depend on Extra-Legal Verification  ||  Delhi High Court: Allegations of Forgery Alone Do not Bar NCLT From Examining Company Records  ||  J&K&L HC: Only Revenue Authorities Can Handle Agrarian Resumption; Civil Courts Cannot Intervene  ||  Delhi HC: CAPF Candidate's Height of 164.6 Cm Can be Rounded to 165 Cm; Rejection Prima Facie Illegal  ||  NCLT Mumbai: Bank Cannot Retain OTS Earnest Money After Accepting a Resolution Plan  ||  Supreme Court: Imminent Death Not Required For a Statement to Qualify as Dying Declaration  ||  SC: HC Cannot Grant Pre-Arrest Bail Without Quashing FIR; Accused Must Approach Sessions Court First  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract    

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