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Bombay High Court Quashes Reopening Notice Under Section 148 for Lack of Fresh Material. Reassessment Based on Mere Change of Opinion on Exemption Under Section 10(38) of Income Tax Act, 1961 is Invalid.

The Petitioner, General Insurance Corporation of India, a public sector general insurance company, filed a return of income for Assessment Year 2006-0...

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Bombay High Court Dismisses Insurer's Appeal in Motor Accident Claim — Upholds Compensation for Death of Third Party. Insurer Liable Under Section 166 of Motor Vehicles Act, 1988 Despite Stationary Vehicle, as Negligence of Other Driver Proved.

The case arises from a motor accident claim filed by the sons of the deceased, Rukminibai Ramayya Kamtam, who died in a road accident on 16 April 2010...

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High Court of Karnataka Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation Due to Lack of Proof of Income and Negligence. Owner of Vehicle Held Liable for Contributory Negligence as Driver Was Not Holding Valid Driving Licence.

The case involves multiple appeals arising out of a motor accident that occurred on 18.10.2008. The appellant, New India Assurance Co. Ltd., challenge...

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High Court of Karnataka Allows Insurance Company's Appeals in Motor Accident Claims — Reduces Compensation Due to Lack of Proof of Income. Claimants failed to establish income of deceased, leading to reduction of compensation awarded by MACT.

The case involves multiple appeals filed by the Oriental Insurance Company Limited under Section 173(1) of the Motor Vehicles Act, 1988, challenging t...

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Bombay High Court Enhances Compensation in Motor Accident Claim, Holds Deceased on Fixed Salary Entitled to 40% Future Prospects. Conveyance Allowance Excluded from Income, and Minor Siblings Not Treated as Dependents, Resulting in 50% Deduction for Personal Expenses.

The appeal arose from a motor accident claim where the claimants—the parents and minor siblings of the deceased Gajanan—sought enhancement of comp...

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High Court of Karnataka Enhances Compensation in Motor Accident Claim and Upholds Insurance Company's Liability. Claimants awarded increased compensation with 6% interest per annum from date of petition.

The case involves two appeals arising from the same judgment and award dated 01.08.2006 passed by the Motor Accident Claims Tribunal, Muddebihal, in M...