Search Results for "prospective income"

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Search Results for "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

Madras High Court Allows Assessee's Appeal in Income Tax Case — Unabsorbed Depreciation Set-off Against Section 69 Addition Upheld. Addition of Unaccounted Stock Treated as Business Income Under Section 32(2) of Income-Tax Act, 1961.

23 Jan 2026

The case involves an appeal by M/s.Sivasakthi Threads (assessee) against the order of the Income-Tax Appellate Tribunal which upheld the rejection of ...

High Court

Gujarat High Court Allows Appeal in Motor Accident Claim for Pedestrian Hit by Auto Rickshaw, Enhancing Compensation. Prospective income and correct multiplier applied for permanent disability under Motor Vehicles Act, 1988.

12 Jan 2026

The appellant, Rameshbhai Mangalbhai Machhi, a pedestrian aged about 30 years, was hit by a Piyaggio Chhakda (auto rickshaw) on 05.12.2010 while walki...

High Court

Gujarat High Court Enhances Compensation in Motor Accident Claim Case — Negligence of Jeep Driver Upheld, Quantum Enhanced for Deceased's Income and Future Prospects. The Court set aside the Tribunal's finding of 50% contributory negligence on the deceased and recalculated compensation under the Motor Vehicles Act, 1988, applying principles from Pranay Sethi and Sarla Verma.

7 Jan 2026

The present appeal arises from a judgment and award dated 15.06.2012 passed by the Motor Accident Claims Tribunal (Main), Sabarkantha at Himmatnagar i...

High Court

High Court of Bombay Allows Insurance Company's Appeal in Part, Enhances Compensation in Motor Accident Claim — Insurer Liable to Pay and Recover. Deceased aged 35, self-employed, entitled to 40% future prospects; loss of consortium enhanced to Rs.40,000 per claimant.

17 Dec 2019

The case arises from a motor accident claim filed by the widow and children of Binod Pande, who died in a vehicular accident on 28th August 2012. The ...

Supreme Court

Supreme Court Dismisses Challenge to Prospective Withdrawal of Tax Deduction Benefit Under Section 35AC(7) of Income Tax Act. Charitable Trust Lacks Locus Standi to Challenge Amendment Affecting Donors' Deductions.

1 Jan 2019

The appellant, Prashanti Medical Services & Research Foundation, a charitable trust registered under the Bombay Public Trust Act, 1950, established a ...

High Court

Bombay High Court Dismisses Revenue Appeals in Service Tax on Maintenance Charges — Management, Maintenance or Repair Service Not Attracted. Amounts collected as maintenance charges for upkeep of apartment premises are not subject to service tax under the Finance Act, 1994.

25 Jan 2018

The judgment involves three appeals filed by the Commissioner of Service Tax/Central Excise against orders of the Customs, Excise & Service Tax Appell...

High Court

Bombay High Court Allows Insurer's Appeal in Part — Reduces Compensation by Setting Aside Pain and Suffering Award and Lowering Interest Rate. Following Sarla Verma, no compensation for pain and suffering is payable to legal heirs in fatal accident cases under Section 166 of Motor Vehicles Act, 1987.

19 Aug 2014

The New India Assurance Co. Ltd. appealed against the judgment and order dated 31st January 2012 of the Motor Accident Claims Tribunal, Mumbai, which ...

High Court

Bombay High Court Partly Allows Insurance Company's Appeal Reducing Compensation in Motor Accident Claim. Multiplier reduced from 14 to 11 for deceased aged 55 under Motor Vehicles Act, 1988.

9 Dec 2013

The appeal was filed by the insurance company against the award of Rs.10,30,556/- with 7.5% interest by the Motor Accident Claims Tribunal in favour o...

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