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Supreme Court Upholds High Court in Capital Gains Tax Case — Accrual Occurs on Date of Award, Not Notification. Transfer of Capital Asset Under Section 45 of Income-tax Act, 1961 Is Complete Only When Compensation Is Determined by Collector's Award, Even if Possession Taken Earlier.

The case concerns the assessment year 1971-1972 for the assessee Amrik Singh HUF, whose land was acquired by the Haryana Government for a college play...

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High Court of Karnataka Hears Appeals in Motor Accident Claims Challenging Tribunal's Absolution of Insurer and Inadequate Compensation. Claimants Argue That Insurer Failed to Prove Driving Licence Breach and Must Pay Under 'Pay and Recover' Principle of Motor Vehicles Act, 1988.

The appeals arose from a motor vehicle accident on 30.06.2009 where a husband and wife on a motorcycle were hit by a rashly driven Light Goods Vehicle...

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High Court of Karnataka Upholds Compensation in Motor Accident Claim Case — Insurance Company Liable for Third-Party Injuries. Claimant awarded Rs.68,250 with 6% interest for injuries sustained in accident involving Telco Ambulance.

The case involves multiple appeals arising from a motor accident claim. The claimant, Kumari Suprita Achari, a student aged about 20 years, sustained ...

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Supreme Court Upholds No Reservation for Professor Posts in UP Medical Colleges Due to Insufficient Vacancies Per Department. Age Limit Enhancement from 45 to 65 Years Upheld as Consistent with MCI Regulations.

The Supreme Court dismissed appeals challenging an advertisement for direct recruitment to 47 posts of Professor in Government Medical Colleges in Utt...

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Supreme Court Restores Bail to Accused in NDPS Case Due to Lack of Recovery and Inadmissibility of Confessional Statements. Court Holds That Confessional Statements Under Section 67 NDPS Act Are Inadmissible and That Absence of Contraband Recovery and Inconclusive Test Reports Weigh in Favor of Bail.

The Supreme Court dealt with two special leave petitions arising from a common judgment of the Madras High Court concerning bail under the Narcotic Dr...

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High Court of Karnataka Allows Insurance Company's Appeal in Motor Accident Claim Cases — Reduces Compensation Due to Lack of Proof of Income and Negligence. The court held that the Tribunal erred in fixing income and contributory negligence without proper evidence, reducing compensation amounts.

The case involves multiple appeals arising from motor accident claims. The New India Assurance Co. Ltd. appealed against awards in MVC No. 75/2004 and...