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Bombay High Court Allows Appeal for Enhancement of Compensation in Motor Accident Claim for Minor with 70% Permanent Disablement. Notional Income and Multiplier Applied for Child Claimant Under Motor Vehicles Act, 1988.

The appellant, a minor aged about 4 years at the time of the accident on 27/02/2003, suffered serious injuries when the motorcycle on which he was pil...

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Supreme Court Allows Revenue's Appeal in Gypsum Board Tax Classification Case. Holds that Gypsum Board Falls Under 'Gypsum in All Its Forms' Entry in Rajasthan VAT Act, Taxable at 4%.

The Supreme Court allowed the appeals filed by the Additional Commissioner (Legal), Commercial Taxes, Rajasthan and another against the judgment of th...

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Bombay High Court Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation for Death of 17-Year-Old Student. Notional Income of Deceased Student Fixed at Rs.3,000 Per Month Instead of Rs.10,000, Applying Multiplier of 18 and Deducting 50% for Personal Expenses.

The appeal arises from a judgment and award dated 03.05.2010 passed by the Motor Accident Claims Tribunal, Nagpur in M.A.C.P. No.980/2006. The appella...

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Bombay High Court Dismisses Appeal by ST Corporation in Motor Accident Claim — Negligence of Bus Driver Upheld. Compensation of Rs 8,27,600 for Death of Primary Teacher in Bus-Jeep Collision Not Excessive.

The appeal was filed by the Maharashtra State Road Transport Corporation against the judgment and award dated 27-06-2003 passed by the Motor Accident ...

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Bombay High Court Allows Appeal in Income Tax Case on Allocation of R&D Expenses. ITAT's presumption of benefit from head office R&D expenses to manufacturing units without factual nexus is unsustainable under Income Tax Act, 1961.

The appellant, Zandu Pharmaceuticals Works Limited, is a company engaged in manufacturing ayurvedic medicines and ointments. It has a head office and ...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Classification Dispute. Rental Income from Property Held as Stock-in-Trade is Business Income, Not Income from House Property Under Section 22 of Income Tax Act, 1961.

The case involves an appeal by the Commissioner of Income Tax against the order of the Income Tax Appellate Tribunal (ITAT) which held that the rent a...

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Bombay High Court Partly Allows Insurance Company Appeal in Motor Accident Claim — Reduces Compensation Due to Lack of Income Proof. Claimant's 100% Permanent Disability Acknowledged but Multiplier and Income Assessment Modified Under Motor Vehicles Act, 1988.

The National Insurance Company Ltd. appealed against the judgment and order dated 7.6.2004 of the Motor Accidents Claims Tribunal, Pune, in Claim Peti...