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Supreme Court Dismisses Assessee's Appeal in Income Tax Rebate Case Due to Non-Satisfaction of Section 15(1) Conditions. Children’s Deferred Endowment Assurance Policy Premium Not Eligible for Rebate as Insurance Not on Assessee’s Own Life Under Income Tax Act, 1922.

The case arose from an income-tax assessment for the year 1960-61, where the assessee, a minor, claimed rebate under Section 15(1) of the Income-tax A...

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Bombay High Court Enhances Compensation in Motor Accident Claim, Holds Deceased on Fixed Salary Entitled to 40% Future Prospects. Conveyance Allowance Excluded from Income, and Minor Siblings Not Treated as Dependents, Resulting in 50% Deduction for Personal Expenses.

The appeal arose from a motor accident claim where the claimants—the parents and minor siblings of the deceased Gajanan—sought enhancement of comp...

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Bombay High Court Upholds Revenue in Income Tax Reference on HUF Income Assessment. Income from assets received on partition by a bachelor remains individual income even after marriage, as no HUF is created without blending.

The case involves a reference under Section 256(1) of the Income Tax Act, 1961, by the Income Tax Appellate Tribunal at the instance of the assessee, ...

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Bombay High Court Enhances Interim Maintenance for Wife and Children in Section 125 CrPC Case, Considering Husband's Assets and Income. Wife's maintenance increased from Rs.5,000 to Rs.15,000 per month and each child's from Rs.5,000 to Rs.10,000 per month based on husband's financial capacity.

The petitioner, Pinky Mahendra Kumar Jain, filed a Criminal Writ Petition under Article 227 of the Constitution of India challenging the order dated 5...

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Gujarat High Court Allows Enhancement of Compensation in Motor Accident Claim — Deemed Income of Deceased Driver Assessed at Minimum Wage Rate. Future Prospects, Multiplier, and Conventional Heads Applied as per Pranay Sethi to Award Just Compensation.

The present appeal under Section 173 of the Motor Vehicles Act, 1988 arises from a judgment and award dated 12.05.2015 passed by the Motor Accident Cl...