Page 99 - Karnataka

IBM Philippines not liable for TDS under I-T Act, says Karnataka HC

The High Court of Karnataka has ruled that IBM Philippines "shall not be liable for TDS under Section 195 of the Income Tax Act." It has therefore dismissed four appeals filed by the IT Department against IBM India Private Limited. The appeals were in relation to four different assessment years starting from 2008-09. All the four appeals were filed in 2014 and were disposed of on January 16, 2023. IBM USA had a global arrangement with Procter and Gamble, USA for rendering payroll related services. In a companion agreement, IBM India entered into a pact with P&G India. IBM India outsourced this work as well as some human resource services to IBM Philippines. The IT Department's Assessing Officer in 2012 recorded that IBM India had not deducted tax at source in payments made to IBM Philippines. Therefore, IBM India was assesse in default'. Both the Assistant Commissioner of Income Tax and Commissioner of Income Tax confirmed it. The company challenged this before the Income Tax ...

K'taka shows ecotourism hotspots to G20 summit delegates from 30 countries

G20 summit delegates from 30 countries visited the Bannerghatta Biological Park, Kalkere Arboretum, and Jungle Lodges and Resorts as part of the series of events organised by the ECSWG.

Karnataka HC dismisses petition against Isha Yoga Centre at Chikkaballapura

The High Court of Karnataka on Thursday dismissed a public interest litigation filed against the Isha Yoga Centre that is constructed in Chikkaballapura. The division bench of Chief Justice Prasanna B Varale and Justice Ashok S Kinagi in their order said the petitioners have not approached the court with clean hands and they had not disclosed the criminal cases pending against them. The Yoga Centre and the Adiyogi statue is built at the Avalagurki village in Chikkaballapura. This was challenged by S Kyatappa from Chamballi village and others. Senior advocate Uday Holla, representing the Isha Yoga Centre, submitted to the court that the petitioners have not disclosed the criminal cases against them. The advocate for the petitioners, M Shivaprakash, claimed that false cases have been foisted upon them as they were part of pro-farmer agitations. The court, however, pointed out that in a public interest litigation it was necessary to come to court with clean hands, disclose any cases

K'taka HC grants interim relief to Flipkart in Rs 1,100-cr tax demand case

The assessee (Flipkart) argued that the matter was already decided in its favour by the income-tax appellate tribunal (ITAT) Bengaluru on the same issue earlier during assessment year 2015-16

Karnataka discusses investment plans with Apple supplier Foxconn's chairman

A high-level delegation from the government of Karnataka on Wednesday met Hon Hai Technology Group (Foxconn) chairman Young Liu at the company headquarters in Taiwan, and held discussions about investment plans in the Indian State. The delegation consisted of Gunjan Krishna, Commissioner for Industrial Development and Director of Industries and Commerce, and Kedarnath Mudda, Senior Advisor to Basavaraj Bommai, Chief Minister of Karnataka. Foxconn's spokesman James Wu, Chief Investment Officer James Tu, and some more executives were also present on the occasion, an official release said. "Foxconn's potential investment in Karnataka will be a testament to the State's industrial landscape. We are working towards building the best electronics and manufacturing ecosystems, which will attract further investments in the sector. We welcome Foxconn to Karnataka and wish them best of luck," Bommai said. Foxconn is said to be the world's largest electronics manufacturer, with a total revenue

Impetus given to health, education in BBMP limits, says Karnataka CM Bommai

'The best schools are constructed than the private schools. Because of this, the children are now studying in a good atmosphere'

Karnataka: CM Bommai to inaugurate 108 Namma Clinics in BBMP limits today

Chief Minister Basavaraj Bommai would opening as many as 108 Namma Clinics on Tuesday to provide universal and comprehensive Primary Healthcare to common people

PM unveils India's biggest helicopter manufacturing facility in Karnataka

Prime Minister Narendra Modi on Monday inaugurated the Hindustan Aeronautics Limited's helicopter factory -- the country's largest chopper manufacturing facility -- in Tumakuru district of Karnataka. Bengaluru-headquartered HAL plans to produce more than 1,000 helicopters in the range of 3-15 tonne with a total business of more than Rs 4 lakh crore over a period of 20 years at this facility in Gubbi taluk, officials said. The factory, spread across 615 acres for which the Prime Minister laid the foundation stone in 2016, would initially manufacture Light Utility Helicopters (LUH)). It will enable India to meet its entire requirement of helicopters without import and giving much-needed fillip to the Prime Minister's vision of 'Aatmanirbhar Bharat' in helicopter design, development, and manufacture, they said. Defence Minister Rajnath Singh, Karnataka Chief Minister Basavaraj Bommai and senior officials of Ministry of Defence were among those present on the occasion. "It is a dedica

PM Modi arrives in Karnataka to inauguarate projects, India Energy Week

Prime Minister Narendra Modi arrived in Bengaluru on Monday as Karnataka Chief Minister Basavaraj Bommai, Governor Thaawarchand Gehlot and state BJP chief Nalin Kumar Kateel extended a warm welcome

PM to inaugurate India Energy Week, open HAL's factory in Karnataka today

Prime Minister Narendra Modi will inaugurate 'India Energy Week 2023' in Bengaluru, during which he will launch E20 fuel, a blend of 20 per cent ethanol with petrol, and dedicate to the nation the HAL's helicopter factory in Tumakuru, on Monday. He will also lay the foundation stone of various development initiatives during the visit. This will be Modi's third visit to the poll-bound state in less than a month. The PM had visited Hubballi on January 12 where he inaugurated a national youth festival and staged a massive roadshow, and later on January 19 was in Yadgiri and Kalaburagi districts where he sought to woo voters by showcasing development and social welfare programmes thereby giving the ruling BJP a launchpad in the run-up to the Assembly elections due by April-May. Modi will inaugurate the India Energy Week (IEW) 2023 in Bengaluru that will be held from February 6-8, aimed to showcase India's rising prowess as an energy transition powerhouse. The event is expected to bring

PM Modi to inaugurate HAL chopper manufacturing unit in Tumakuru, Karnataka

HAL plans to build more than 1,000 helicopters in the range of 3-15 tonnes, generating business of over Rs 4,00,000 crores over the coming two decades

After Mhadei diversion, Rs 5,300 cr grant to K'taka raises hackles in Goa

Referring to these remarks, Goa Forward Party MLA Vijai Sardesai had said, 'Amit Shah's remarks on Mhadei diversion is like a 'bomb explosion' on the people of the state'

PM to inaugurate HAL's new helicopter manufacturing factory in Karnataka

Prime Minister will lay the foundation stone of Tumakuru Industrial Township

PM Modi to inaugurate HAL's helicopter factory in Karnataka on Monday

In yet another step towards 'Aatmanirbharta' in defence. Prime Minister Narendra Modi, during his visit to Karnataka, will dedicate a HAL's helicopter factory to the nation at Tumakuru

LIVE: Police busting auto lifter gang, arms supply cartels and theft racket

Catch all the live updates from across the globe here

Karnataka CM pledges Rs 100 cr for Border Development Authority by March 31

The CM directed the authorities concerned to prepare action plans on these fronts

Amit Shah to visit K'taka on Feb 11 to take part in co-operative convention

Union Minister for Home and Co-operation Amit Shah will be visiting Puttur in Dakshina Kannada district to participate in a co-operative convention on February 11. The convention is being held at Puttur in connection with the golden jubilee celebrations of the central arecanut and cocoa marketing and processing co-operative limited (CAMPCO). The event will be held at the Vivekananda educational institution at Tenkila at 3 PM, CAMPCO sources said. He will also be visiting CAMPCO's chocolate factory in Puttur. This is the first visit of Shah to Dakshina Kannada ahead of the Assembly elections in the state. BJP Sankalpa Abhiyan campaign is presently going on in Puttur taluk. The BJP leader is also expected to take part in the convention at Puttur as part of the campaign, party sources said. BJP had won seven of the eight Assembly seats in Dakshina Kannada district in the 2018 elections.

K'taka CM thanks PM Modi for Rs 5,300 cr funds for Upper Bhadra project

CM Bommai said that Union Finance Minister Nirmala Sitharaman has given priority for the drought prone regions of the state in the 2023-24 Budget

Budget 2023: Centre likely to grant generous funds to poll-bound K'taka

Assembly elections in the state will be held in two months and Karnataka's ruling BJP is making all out efforts to return to power

Will not join BJP even if offered PM, president post: Siddaramaiah

Congress Legislature party leader Opposition leader in Karnataka Siddaramaiah on Tuesday asserted that he will never join the BJP even if offered the prime minister or president's post