Search Results for "interest expenses"

4389 result(s) found

Scroll Down To Discover

Found 4389 result(s)

© Image Copyrights Juris Services & Technology

Madras High Court Partly Allows Insurance Company's Appeal Reducing Compensation in Motor Accident Claim. Compensation Reduced from Rs. 19,36,300/- to Rs. 14,36,300/- Due to Lack of Evidence for Medical Expenses and Excessive Pain and Suffering Award.

The appeal was filed by the insurance company challenging the quantum of compensation awarded by the Motor Accidents Claims Tribunal (MACT), VI Court ...

© Image Copyrights Juris Services & Technology

Madras High Court Allows Appeal and Enhances Compensation in Motor Accident Claim — Negligence of Rider Upheld, Income Reassessed at Rs.15,000 per Month. The court applied multiplier 18 and added 40% future prospects under Motor Vehicles Act, 1988, enhancing award from Rs.17,25,000 to Rs.28,08,000.

The appeal arises from a judgment of the Motor Accident Claims Tribunal, Chennai, dated 18.10.2019 in M.A.C.T.O.P.No.5431 of 2016. The appellants, bei...

© Image Copyrights Juris Services & Technology

High Court of Karnataka Partially Allows Insurance Company's Appeal and Claimant's Cross-Objections in Motor Accident Compensation Case — Multiplier Applied as per Second Schedule of Motor Vehicles Act, 1988.

The case arises from a motor accident claim petition filed by K.B. Shivakumar Swamy (claimant) under Section 166 of the Motor Vehicles Act, 1988, seek...

© Image Copyrights Juris Services & Technology

High Court Dismisses Insurer's Appeal and Partly Allows Claimant's Enhancement in Motor Accident Claim Involving Empty Tractor. Breach of Policy Condition Not Established as Tractor Was Empty at Time of Accident Despite Commercial Use, Under Section 173(1) of Motor Vehicles Act, 1988.

The case involves two cross-appeals arising from a motor accident claim. The claimant, a pedestrian, was injured when a tractor-trailer returning empt...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Appeals for Enhancement of Compensation in Motor Accident Deaths of Housewife and Minor Child. Sets Aside Contributory Negligence Deduction for Passengers in Horse Cart, Awards Future Prospects for Housewife and Minor.

The Supreme Court allowed appeals by the claimants, enhancing compensation for the death of a housewife and her minor daughter in a motor accident. Th...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Writ Petition Challenging Reopening of Assessment Under Section 148 of Income Tax Act, 1961 — Notice Issued Beyond Limitation Period. Reopening Based on Non-Escapement of Income as Assessee Had Already Disclosed Full Details During Original Assessment.

The petitioner, Bajaj Energy Limited, a company engaged in energy business, filed its return of income for Assessment Year 2014-15 on 30th November 20...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Appeal in Motor Accident Claim for Permanent Disability and Loss of Income. The court enhanced compensation from Rs.1,10,000 to Rs.5,14,735 for injuries sustained in a head-on collision between a bus and a truck.

The appellant, Ranjit Arunkumar Jaiswal, was a 29-year-old businessman running a Funfair and Mini Bazar. On 15/11/1997, he was travelling in a luxury ...