Supreme Court: Police May Freeze Bank Accounts under S.102 CrPC in Prevention of Corruption Cases  ||  SC: Arbitrator’s Mandate Ends on Time Expiry; Substituted Arbitrator Must Continue After Extension  ||  SC: Woman May Move Her Department’s ICC For Harassment by Employee of Another Workplace  ||  SC: Women’s Representation Requirement Applies to All Bar Associations in Gujarat  ||  SC: Contempt Power isn’t Judges’ Personal Shield nor a Tool to Silence Legitimate Criticism  ||  SC: Statutory Corporation Can Deduct under S.36(1)(viii) Only for Income from Long-Term Finance  ||  NCLT Kolkata: Costs for Compromise or Arrangement Scheme not Part of Liquidation Expenses  ||  NCLT Ahmedabad: Complaints Against Auditors or Company Secretaries Not Grounds for Company Probe  ||  SC: NCLT Can Forfeit Entire Deposit if Purchaser Defaults on Payment for Liquidation Assets  ||  Meghalaya HC: Non-Signatory or Non-Existent LLP Cannot Claim Arbitration via Group of Companies    

Karnataka High Court Upholds Tax on Captive Electricity Usage - (14 Jan 2020)

DIRECT TAXATION

Karnataka High Court has upheld the validity of the levy of tax on electricity captively generated. The Court has discussed that the incidence of tax in accordance with Section 4(3) of the Karnataka Electricity (Taxation and Consumption) Act, 1959 is on consumption.

Tags : KARNATAKA HIGH COURT   CAPTIVE ELECTRICITY USE  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved