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High Court of Karnataka Enhances Compensation for Death of Minor in Motor Accident Case, Insurance Company's Appeal Dismissed. The court applied multiplier of 18 and added 40% future prospects to notional income of Rs. 15,000 per annum for a 9-year-old deceased under Motor Vehicles Act, 1988.

The case involves two appeals arising from a motor accident claim petition filed by the parents of a 9-year-old boy who died in a road accident. The a...

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High Court of Karnataka Enhances Compensation for Death of Minor in Motor Accident Case, Insurance Company's Appeal Dismissed. The court held that notional income for a deceased minor should be Rs. 30,000 per annum as per Kishan Gopal, and enhanced conventional heads to Rs. 70,000 as per Pranay Sethi.

The case involves two appeals arising from a motor accident claim petition. The claimants, Hanamant Dundappa Narale and Mahadevi, parents of a decease...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Classification Dispute. Income from Hotel Management Agreement Held to be Business Income Under Section 28 of Income Tax Act, 1961.

The case involved an appeal by the Revenue under Section 260-A of the Income Tax Act, 1961, against the order of the Income Tax Appellate Tribunal. Th...