Search Results for "Future Prospective Income"

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Search Results for "Future Prospective Income"

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High Court

Gujarat High Court Partly Allows Appeal for Enhanced Compensation in Motor Accident Claim — Future Prospects and Pain & Suffering Considered. The Court held that a 20-year-old claimant is entitled to 40% future prospective income and enhanced compensation for pain, shock and suffering and special diet under the Motor Vehicles Act, 1988.

27 Feb 2026

The appellant, a pillion rider on a motorcycle, sustained grievous injuries when a Swift car dashed into the motorcycle from behind on 21.02.2021. She...

High Court

Gujarat High Court Partly Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation Due to Corrected Multiplier and Reduced Interest Rate. Tribunal's finding of 15% contributory negligence upheld, but multiplier corrected from 14 to 13 as per Sarla Verma guidelines, and interest reduced from 9% to 7.5%.

23 Feb 2026

The case arises from a motor accident claim petition filed by the widow and children of Dhulabhai Mohanbhai Vankar, who died in a vehicular accident o...

High Court

High Court of Gujarat Enhances Compensation for Grievous Injuries in Motor Accident Claim — Future Loss of Income Calculated with 40% Future Prospects and Multiplier of 18. Claimant, a 30-year-old driver and agricultural worker with 40% permanent disability, awarded enhanced compensation of Rs.7,62,780/- under Motor Vehicles Act, 1988.

19 Feb 2026

The appellant, Valjibhai Amrabhai Baria, filed a first appeal under Section 173 of the Motor Vehicles Act, 1988, against the judgment and award dated ...

High Court

Gujarat High Court Enhances Compensation for Pillion Rider in Motor Accident Case — Tribunal's Award Modified for Pain and Suffering and Future Prospects. The Court held that a claimant is entitled to 40% addition for future prospective income even without proof of income, and enhanced pain and suffering compensation from Rs.22,000 to Rs.50,000 under the Motor Vehicles Act, 1988.

10 Feb 2026

The appellant, Mukeshbhai Shambhubhai Rojasra, was a pillion rider on a motorcycle on 18.01.2014 when an Eicher tempo bearing No. GJ-13-T-9870, driven...

High Court

Gujarat High Court Enhances Compensation in Motor Accident Claim for Grievous Injuries — Future Prospects and Pain & Suffering Reassessed. The Court held that 10% future prospective income must be added for a 54-year-old labourer and enhanced compensation under conventional heads, relying on Govind Yadav v. National Insurance Co. Ltd.

30 Jan 2026

The appellant, a 54-year-old labourer, sustained grievous injuries in a motor vehicle accident on 07.04.2009 when a truck driven rashly and negligentl...

High Court

High Court of Gujarat Allows Appeal in Motor Accident Claim — Compensation Enhanced Based on Income Tax Returns. Deceased's Income Determined at Rs. 1,20,000/- per annum from IT Returns, Not Notional Income, Under Section 173 of Motor Vehicles Act, 1988.

28 Jan 2026

The appellants, original claimants, filed an appeal under Section 173 of the Motor Vehicles Act, 1988, aggrieved by the judgment and award dated 22.12...

High Court

Madras High Court Dismisses Revenue's Appeal in Capital Gains vs Business Profits Dispute. Profit on Sale of Land Held as Capital Gains Where Assessee Not in Property Development Business.

9 Jan 2026

The case involves an appeal by the Commissioner of Income Tax against an order of the Income Tax Appellate Tribunal for assessment year 2004-05. The a...

Supreme Court

Supreme Court Allows Union of India's Appeals in Service Tax on Lottery Tickets Case — Holds That Service Tax on Promotion, Marketing, and Sale of Lottery Tickets Is Within Parliament's Competence Under Entry 97 List I Read With Article 248 of the Constitution, and Not Exclusively Within State's Domain Under Entry 62 List II. The Court upheld the constitutional validity of amendments to the Finance Act, 1994 levying service tax on services related to lotteries, reversing the Sikkim High Court's decision.

3 Mar 2025

The Supreme Court, in a batch of appeals led by Union of India v. Future Gaming Solutions Pvt. Ltd., considered the constitutional validity of amendme...

High Court

Bombay High Court Quashes Reassessment Notice Against Corporate Debtor Under Insolvency Resolution — Income Tax Department Cannot Issue Section 148 Notice After Approval of Resolution Plan Under IBC, 2016. The court held that the moratorium under Section 14 IBC and the binding nature of the resolution plan under Section 31 IBC bar the Income Tax Department from reopening assessments for periods prior to the approval of the plan.

23 Dec 2021

The petitioner, Murli Industries Limited, a corporate debtor undergoing insolvency resolution under the Insolvency and Bankruptcy Code, 2016 (IBC), ch...

High Court

Bombay High Court Allows Appeal for Enhanced Compensation in Motor Accident Claim Due to Negligent Truck Driver. Court Sets Aside Finding of Contributory Negligence and Applies Correct Multiplier and Future Prospects Under Motor Vehicles Act, 1988.

31 Oct 2018

The case arises from a motor accident claim petition filed by the wife and minor children of Kishor Pawar, who died in a vehicular accident on 12 Marc...

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