Search Results for "notional income"

Trending :

Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Madras High Court Dismisses Second Appeal in Partition Suit — Concurrent Findi...
High Court of Bombay at Bombay Dismisses Insurance Company's Appeal in Motor Acc...
Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Ac...
High Court of Karnataka Allows EPF Organisation's Writ Petition for Priority Pay...

Search Results for "notional income"

610 result(s) found

Home Search Results

Scroll Down To Discover

Found 610 result(s)

High Court

Bombay High Court Dismisses Revenue's Appeal in International Taxation Case on Accrual of Interest and Tax Treaty Interpretation. Interest on Government Securities Held by Cyprus-Based Bank Does Not Accrue on Last Day of Financial Year When Not Due; Sale of Securities Constitutes Business Profits Under Article 14 of India-Cyprus DTAA.

9 Jul 2012

The case involves an appeal by the Director of Income Tax (International Taxation) against an order of the Income Tax Appellate Tribunal (ITAT) which ...

High Court

High Court of Karnataka Enhances Compensation for Minor Injured in Road Accident — Tribunal's Award Modified for Future Medical Expenses and Pain and Suffering. Motor Vehicles Act, 1988, Section 173(1) — Claimant, a minor, sustained grievous injuries in a road accident; High Court enhanced compensation by Rs.2,00,000/- for future medical expenses and pain and suffering.

12 Dec 2022

The appeal was filed by the claimant, a minor represented by his father, under Section 173(1) of the Motor Vehicles Act, 1988, challenging the judgmen...

High Court

Gujarat High Court Enhances Compensation in Motor Accident Case Due to Negligence of ST Bus Driver — Applies Multiplier Method and Grants 7.5% Interest. The Court upheld the finding of negligence against the ST bus driver and enhanced compensation by applying multiplier method and future prospects under Section 168 of Motor Vehicles Act, 1988.

6 Jan 2026

The case arises from a motor accident on 07.05.2001 involving an ST bus (GJ-18-V-5171) and an auto rickshaw (GRQ-3461). The deceased were travelling i...

High Court

High Court of Bombay at Nagpur Dismisses Insurance Company's Appeal in Motor Accident Claim — Notional Income of Deceased Student Fixed at Rs.8,000 Per Month Based on Educational Qualifications. The Court upheld the Tribunal's award of Rs.13,84,000 with interest, finding no perversity in the computation of notional income under Section 166 of the Motor Vehicles Act, 1988.

31 Aug 2017

The New India Assurance Co. Ltd. appealed against the judgment and award dated 23/12/2016 passed by the Motor Accident Claims Tribunal, Amravati, in C...

High Court

Bombay High Court Partly Allows Insurance Company's Appeal Reducing Compensation for Minor's Death in Motor Accident — Applies Multiplier of 15 Instead of 18. The court held that for a non-earning minor, the multiplier should be 15 as per Sarla Verma v. DTC, reducing the award from Rs.35,92,000/- to Rs.2,62,500/-.

2 Dec 2025

The case arises from a motor accident claim filed by Smt. Rajashri Pramanik Sable, mother of the deceased minor Neil Pramanik Sable, who died in a roa...

High Court

Bombay High Court Allows Appeal for Enhanced Compensation in Motor Accident Claim - Notional Income of Deceased Labourer Increased from Rs.3,000 to Rs.6,000 per Month. The court applied multiplier of 17 and awarded conventional damages as per Supreme Court guidelines under Motor Vehicles Act, 1988.

26 Sep 2019

The present appeal was filed by the original claimants, Kavita Gurnule (widow) and her minor son Priyanshu, seeking enhancement of compensation awarde...

High Court

Bombay High Court Dismisses Revenue's Appeal in Notional Loss Claim on Securities Reclassification. Tribunal's order allowing deduction of notional loss on transfer of securities from 'Available for Sale' to 'Held to Maturity' based on RBI guidelines upheld.

10 Jul 2014

The case involves an appeal by the Commissioner of Income Tax-2 against an order of the Income Tax Appellate Tribunal (ITAT) dated 15 July 2011. The I...

High Court

Madras High Court Partly Allows Insurance Company's Appeal and Claimants' Appeal in Motor Accident Claim — Enhances Compensation for Death of Mason Aged 42 Years. Tribunal's Errors in Not Adding Future Prospects, Applying Wrong Multiplier, and Deducting for Contributory Negligence Corrected Under Motor Vehicles Act, 1988.

20 Jan 2026

The case arises from a motor accident claim petition filed by the legal representatives of the deceased, a 42-year-old mason, who died in a road accid...

High Court

Gujarat High Court Enhances Compensation for Deceased Engineering Student in Motor Accident Claim — Notional Income Reassessed at Rs.10,000 per Month. The Court held that the Tribunal's assessment of income at Rs.3,500 was too low and enhanced compensation under various heads including loss of consortium to parents.

9 Mar 2026

The case involves a first appeal filed by the original claimants (parents of the deceased) against the judgment and award dated 07.07.2023 passed by t...

Supreme Court

Supreme Court Allows Appeal in Motor Accident Compensation Case — Future Prospects Awardable in Permanent Disablement Cases. Loss of earning capacity must consider functional disability and actual income, not merely physical disability percentage.

17 Sep 2020

The appellant, Pappu Deo Yadav, was a 20-year-old data entry operator earning ₹12,000 per month when he suffered a serious motor accident on 18.05.2...

1 2 3 4 5

Full Name * Username * Mobile Number * Email Address * State/UT * City * Password * Confirm Password * Referral Code (Optional)