Search Results for "Income tax return after death"

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High Court of Gujarat Reduces Compensation in Motor Accident Claim Due to Contributory Negligence of Deceased. Deceased was a pillion rider on a motorcycle which was hit by a truck; court held that the deceased contributed to the accident by not wearing a helmet and by riding negligently.

The case arises from a motor accident that occurred on 25.11.2001 when the deceased, Prakashbhai Ratilal Shah, was traveling as a pillion rider on a m...

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Gujarat High Court Partly Allows Insurance Company's Appeal, Reduces Interest Rate in Motor Accident Claim. Claimant's compensation of Rs.19,08,550 upheld but interest reduced from 9% to 7.5% per annum under Section 173 of Motor Vehicles Act, 1988.

The case arises from a motor accident that occurred on 18.06.2011 when the claimant, a pedestrian, was hit by a tanker bearing registration No. GJ-6-V...

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Madras High Court Enhances Compensation for Death of 55-Year-Old Man in Motor Accident, Upholds Negligence of Driver and Vicarious Liability of Owner. Future Prospects at 10% and Multiplier of 11 Applied Under Motor Vehicles Act, 1988.

The case arises from a motor accident claim petition filed by the legal representatives of the deceased, R. Rajendran, who died in a road accident on ...

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Madras High Court Dismisses Insurance Company's Appeal in Motor Accident Claim — Upholds Compensation for Legal Heirs of Deceased. Negligence of Driver Established by Criminal Conviction and Tribunal's Evidence Appreciation.

The case arises from a fatal motor accident that occurred on December 3, 2006, when the deceased, Janarthanan, was riding a motorcycle and was hit by ...

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Bombay High Court Allows Writ Petition Challenging Reassessment Notice Issued to Dead Person Under Section 148 of Income Tax Act, 1961 — Notice and Reassessment Order Void Ab Initio. Legal Heir's Participation Under Protest Does Not Cure Jurisdictional Defect.

The petitioner, Shri Devendra S/o Vasudeo Jambhulkar, is the son and legal heir of late Vasudeo Damduji Jambhulkar, who was an income tax assessee wit...

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High Court of Bombay at Aurangabad Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation Due to Lack of Proof of Income and Negligence. The court held that the Tribunal erred in fixing income of the deceased without evidence and in not considering contributory negligence.

The case involves an appeal by the National Insurance Company Ltd. against the judgment and award of the Motor Accident Claims Tribunal at Aurangabad ...

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Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act for Lack of Reasons to Believe Income Escaped Assessment. Reassessment Based on Change of Opinion Regarding Cost of Acquisition Under Section 55(2)(b)(ii) is Invalid.

The petitioner, J.B. Amin & Brothers (HUF), owned land at Aurangpura, Aurangabad, purchased by late Balubhai Amin for Rs.1,80,000. After his death in ...

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Bombay High Court Allows Revenue Appeal in Part on Mutuality Principle for Effluent Treatment Association. Interest on Bank Deposits Held Taxable as Income from Investments, Not Covered by Mutuality.

The case involves an appeal by the Revenue under Section 260A of the Income Tax Act, 1961 against a decision of the Income Tax Appellate Tribunal for ...