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High Court of Karnataka Hears Revenue's Appeals Against ITAT Decision Favoring Assessee on Deduction of Distributable Surplus Payment to Brand Owner. Court Examines Whether Payment is Allowable Under Section 37 of Income Tax Act, 1961 or Constitutes Application of Income or Diversion by Overriding Title.

The present set of five tax appeals arises under Section 260-A of the Income Tax Act, 1961, filed by the Revenue against the common order of the Incom...

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Bombay High Court Allows Insurance Company's Appeal in Motor Accident Claim — Violation of Policy Condition Due to Invalid Driving Licence. Insurer Not Liable to Pay Compensation as Driver Possessed Fake Licence, But Directed to Pay and Recover from Owner.

The case involves three first appeals filed by New India Assurance Company Ltd. against the common judgment and award passed by the Motor Accident Cla...

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Gujarat High Court Dismisses Insurance Appeal in Motor Accident Case, Upholds 50:50 Contributory Negligence Apportionment. Both ST Bus and Truck Drivers Found Negligent Under Motor Vehicles Act, 1988.

The case arises from a motor accident on 12.01.2007 when an ST bus (GJ-18-V-8903) driven rashly rammed into a stationary truck (GJ-7-X-6523) parked wi...

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Bombay High Court Allows Appeals in Motor Accident Claim Case — Reduces Compensation Due to Contributory Negligence and Lack of Proof of Income. Deceased were not third parties but employees of the offending vehicle owner, and contributory negligence was established.

The case arises from a motor accident that occurred on 28th January 2000, involving a vehicle owned by the Commandant, CAD Camp, Pulgaon, and driven b...

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Bombay High Court Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation Due to Contributory Negligence. Insurer of Truck held not liable as accident caused solely by bus driver's negligence, but insurer of bus liable to pay compensation with right to recover from owner.

The National Insurance Company Ltd. (appellant) filed two appeals against the judgment and order dated 18th February 2008 passed by the Motor Accident...