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Bombay High Court Upholds Assessee in Income Tax Reference on Clubbing of Trust Income Under Section 64(1)(vii) of Income Tax Act, 1961. Trust Created Pursuant to Divorce Decree Under Parsi Marriage & Divorce Act, 1936, Constitutes Adequate Consideration, Excluding Income from Clubbing Provisions.

The case pertains to an income tax reference under section 256(1) of the Income Tax Act, 1961, at the instance of the assessee, Behram B. Dubash. The ...

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High Court of Karnataka Enhances Compensation for Death of Minor in Motor Accident Case. New India Assurance Co. Ltd. Held Liable to Pay Enhanced Compensation with Interest Under Motor Vehicles Act, 1988.

The case involves two appeals arising from a motor accident claim petition filed by the parents of a deceased minor. The accident occurred on 22.06.20...

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Madras High Court Partly Allows Insurance Company's Appeal Reducing Compensation in Motor Accident Claim. Rental Income from House Property Excluded from Loss of Dependency Calculation Under Motor Vehicles Act, 1988.

The case arises from a motor accident claim petition filed by the dependents of one A.Ramesh Babu, who died in a road accident on 19.05.2024. The dece...

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High Court of Karnataka Enhances Compensation for Minor Injured in Motor Accident — Permanent Disability Assessed at 30%. Notional Income of Rs. 30,000 per annum applied with 40% future prospects under Motor Vehicles Act, 1988.

The appeal was filed by the minor claimant, Priyanka Pradeep Gavade, represented by her mother, seeking enhancement of compensation awarded by the II ...

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High Court of Karnataka Dismisses Revenue's Appeal in Income Tax Case — Payment to Non-Resident Employees Held as Salary, Not Business Income. Section 28(va) of Income Tax Act, 1961 does not apply to employment-related payments.

The appeal was filed by the revenue under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal (ITAT) dated...

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Bombay High Court Allows Stay of Maintenance to Major Unmarried Daughter Under Hindu Marriage Act — Section 26 Does Not Cover Major Children. Maintenance of Rs.10,000 per month to major daughter set aside as Section 26 of Hindu Marriage Act, 1955 only applies to minor children.

The case involves a Civil Application filed by Rajendra Mahadeo Deokule (the applicant/original appellant) seeking stay of an order dated 16th July 20...