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KAHC010028192013_1

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Bombay High Court Quashes Reassessment Notice Under Section 148 Income Tax Act for Lack of Fresh Material. Provision for Diminution in Value of Assets Already Disclosed and Considered in Original Assessment Cannot Form Basis for Reopening After Four Years.

The petitioner, IOT Infrastructure & Energy Services Ltd., challenged a notice under Section 148 of the Income Tax Act, 1961, seeking to reopen its as...

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KAHC020009812016_1

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High Court of Karnataka Dismisses Insurance Company's Appeal in Motor Accident Claim — Upholds Compensation of Rs.4,10,000 for Death of Lorry Owner. Negligence of Driver Proved; Insurer Liable to Pay Compensation Under Motor Vehicles Act, 1988.

The case arises from a motor accident claim petition filed by the legal representatives of Manju Naik, who died in a road accident on 19-04-2010. The ...

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Bombay High Court Partly Allows Insurance Appeal in Motor Accident Injury Claim — Reduces Compensation Due to Deduction of Mediclaim Amount and Adjusts Multiplier. Driver's Licence Validity Upheld as Light Motor Vehicle Licence Covers Tempo Under Section 10(2)(d) of Motor Vehicles Act, 1988.

The appeal arises from an Award dated 1st February 2024 passed by the Motor Accident Claims Tribunal, Mumbai in Application No.626/2017, awarding comp...