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Bombay High Court Dismisses Insurance Company's Appeal in Employee's Compensation Case — Insurer Liable Despite Dishonoured Premium Cheque. Third-Party Compensation Upheld as Insurer Failed to Prove Policy Cancellation Before Accident Under Employee's Compensation Act, 1923.

The case arises from a claim under the Employee's Compensation Act, 1923, filed by the dependents of deceased Kishor Shende, who died in a motor vehic...

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Karnataka High Court Allows Revenue Appeal in GST Vehicle Seizure Case — Upholds Requirement of Advance Intimation Under Section 129(6) of KGST Act. Failure to Furnish E-Way Bill Details Before Movement Attracts Penalty Despite Subsequent Production.

The case involves an intra-court appeal filed by the Revenue (Joint Commissioner of Commercial Taxes and Commercial Taxes Officer) against an order of...

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Supreme Court Allows Assessees' Appeals in Interest Tax Dispute on Hire-Purchase Transactions. The interest component in hire-purchase instalments is not taxable under Section 2(7) of the Interest-Tax Act, 1974 as hire-purchase transactions are not loans or advances.

The Supreme Court allowed the appeals filed by M/s Muthoot Leasing and Finance Limited and other assessees, setting aside the judgment of the Kerala H...

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Supreme Court Allows Assessees in Interest Tax Act Case on Hire-Purchase Instalments. Hire-purchase agreements are distinct from loans, and interest component in instalments is not taxable under Section 2(7) of the Interest-Tax Act, 1974, as it does not constitute interest on loans and advances.

The dispute involved a batch of civil appeals concerning the tax liability of non-banking finance and leasing companies under the Interest-Tax Act, 19...

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Bombay High Court Upholds Compensation Award in Workmen's Compensation Case — Insurer Liable Jointly and Severally with Employer for Employee's Injuries. Employer's Failure to Deposit Compensation Attracts Penalty Under Workmen's Compensation Act, 1923.

The case involves an appeal by National Insurance Co. Ltd. against a judgment of the learned Commissioner under Workmen's Compensation and Judge, Elev...

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High Court of Karnataka Dismisses Insurer's Petition Challenging MACT Order on Preliminary Issue in Motor Accident Claim. Subrogation Rights of Insurer Upheld Under Section 166 of Motor Vehicles Act, 1988.

The New India Assurance Company Limited, the insurer of the offending lorry (bearing no. NL 05 A 1062), filed a writ petition challenging an order dat...

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Bombay High Court Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation Due to Contributory Negligence. Deceased was a gratuitous passenger in a hired jeep; insurer not liable for own damage but liable for third-party claim under Motor Vehicles Act, 1988.

The appeal was filed by The New India Assurance Company Ltd. against the judgment and award of the Motor Accident Claims Tribunal, Jalna, in MACP No.2...

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Bombay High Court Quashes Reassessment Notices in Sales Tax Case Due to Lack of Reasonable Belief — Reopening Based on Mere Suspicion and Incomplete Information Held Invalid Under Section 35 of Bombay Sales Tax Act, 1959 and Rule 9A of Central Sales Tax (Bombay) Rules, 1957.

The petitioners, Shree Venkateshwara Petro Chemicals Pvt. Ltd. and another, filed a writ petition under Article 226 of the Constitution of India chall...