Search Results for "Insurance Business Computation"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
Supreme Court Allows Agriculturists' Appeal for Enhanced Compensation; Condones ...

Search Results for "Insurance Business Computation"

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High Court

Bombay High Court Quashes Reopening Notice Under Section 148 for Lack of Fresh Material — Audit Objection Cannot Form Reason to Believe Income Escaped Assessment. The court held that a notice to reopen assessment based solely on an audit objection, without independent application of mind by the Assessing Officer, is invalid as it amounts to a change of opinion.

1 Feb 2013

The petitioner, NTUC Income Insurance Co-operative Ltd., a company incorporated in Singapore and registered with SEBI as a Foreign Institutional Inves...

High Court

Gujarat High Court Enhances Compensation in Motor Accident Claim Case — Negligence of Jeep Driver Upheld, Quantum Enhanced for Deceased's Income and Future Prospects. The Court set aside the Tribunal's finding of 50% contributory negligence on the deceased and recalculated compensation under the Motor Vehicles Act, 1988, applying principles from Pranay Sethi and Sarla Verma.

7 Jan 2026

The present appeal arises from a judgment and award dated 15.06.2012 passed by the Motor Accident Claims Tribunal (Main), Sabarkantha at Himmatnagar i...

Supreme Court

Supreme Court Dismisses Bank's Appeal in Consumer Dispute Over Cheque Clearing Deficiency. Bank held liable for deficiency in service under Consumer Protection Act, 1986 due to negligence in presenting cheques within validity period, with compensation awarded for loss caused by expired cheques.

15 Apr 2026

The Supreme Court of India heard two civil appeals filed by Canara Bank against a judgment of the National Consumer Disputes Redressal Commission. The...

Supreme Court

Supreme Court Enhances Compensation for 100% Disabled Child in Motor Accident Case — Just Compensation Must Include Adequate Attendant Charges, Pain and Suffering, and Loss of Marriage Prospects. The Court held that for a child with 100% permanent disability, compensation under various heads must be realistic and substantial, not token.

31 Jan 2020

The case involves a claim for compensation by Kajal, a young girl who suffered catastrophic injuries in a motor accident on 18th October 2007. While t...

High Court

Bombay High Court Allows Appeal and Enhances Compensation for Minor Injured in Motor Accident — Permanent Disability Assessed at 70% with Multiplier of 18. The court held that the Tribunal erred in assessing disability at 30% and applied correct multiplier and future prospects as per law.

26 Jun 2020

The appellant, Ketaki Milind Kulkarni, a minor aged 8 years at the time of the accident, filed a claim petition under the Motor Vehicles Act, 1988, se...

High Court

Bombay High Court Allows Appeal in Motor Accident Claim Case — Enhances Compensation for Death of Milind Kulkarni Due to Negligent Driving of Tanker. Court applies multiplier method under Motor Vehicles Act, 1988 and grants additional compensation for loss of consortium, loss of estate, and funeral expenses.

26 Jun 2020

The appellants, being the widow, daughter, father (since deceased, represented by legal heirs), and brother of the deceased Milind Dinkar Kulkarni, fi...

High Court

Bombay High Court Deliberates on Tax Exemption and Classification of Lease Transactions in Income Tax Reference concerning Scientific Research Centre. Assessee's claim for exemption under Section 11 of Income Tax Act, 1961 hinges on whether activities constitute general public utility, whether construction and letting out of World Trade Centre amounts to business, and whether receipts are revenue in nature.

25 Oct 2012

The Income Tax Reference No. 78 of 1998 arose from the Income Tax Appellate Tribunal's common order dated 29th March, 1996, for assessment years 1989-...

High Court

High Court of Bombay at Goa Allows Appeal in Part Regarding Computation of Deduction Under Section 80HHC of Income Tax Act, 1961 — Receipts from Hire of Barges, Proceeds of Services, Repairs of Vessels, and Extraction Charges Held Part of Total Turnover for Export Deduction.

7 May 2015

The appellant, Sesa Goa Ltd., is a company engaged in the business of mining and export of iron ore. For the assessment year 1996-1997, the appellant ...

High Court

High Court of Karnataka Hears Revenue's Appeals Against ITAT Decision Favoring Assessee on Deduction of Distributable Surplus Payment to Brand Owner. Court Examines Whether Payment is Allowable Under Section 37 of Income Tax Act, 1961 or Constitutes Application of Income or Diversion by Overriding Title.

25 Sep 2018

The present set of five tax appeals arises under Section 260-A of the Income Tax Act, 1961, filed by the Revenue against the common order of the Incom...

Supreme Court

Supreme Court Dismisses Appeal of Bus Owner in Motor Accident Claim — Owner Held Liable for Compensation Due to Invalid Permit and Route Violation. Concurrent findings of fact that vehicle was plied without valid permit and on unauthorized route upheld; no interference warranted.

9 Dec 2022

The appeal arose from a motor accident claim where the deceased, a 24-year-old Managing Director of a company, died in a collision with a bus owned by...

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