Search Results for "Income Tax Calculation"

310 result(s) found

Scroll Down To Discover

Found 310 result(s)

© Image Copyrights Juris Services & Technology

Gujarat High Court Quashes Reassessment Notice in Income Tax Case Due to Non-Application of Mind by AO. Section 148 Notice for AY 2014-15 Set Aside as Reasons Recorded Were Mechanical and Lacked Independent Satisfaction.

The petitioner, Sanvira Holdings, a partnership firm part of the PSY Group engaged in real estate business, filed its return of income for Assessment ...

© Image Copyrights Juris Services & Technology

Gujarat High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act for Non-Application of Mind. Notice Issued Based on Search Materials Without Independent Satisfaction or Opportunity of Hearing Held Invalid.

The petitioner, Dilipbhai Prabhudas Patel, an individual and part of the PSY Group engaged in real estate business, filed his return of income for Ass...

© Image Copyrights Juris Services & Technology

Gujarat High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act for Lack of Fresh Material — Search Action Under Section 132 Cannot Be Basis for Reopening Beyond Four Years Without New Tangible Evidence.

The petitioner, Mahesh Dharamshi Prajapati, an individual and major partner of PSY Group engaged in real estate business, filed his return of income f...

© Image Copyrights Juris Services & Technology

Madras High Court Enhances Compensation for Electrocution Death Due to Negligence of Electricity Board — Applies Sarla Verma Multiplier and Adds Conventional Heads. The court held that the Electricity Board was negligent under res ipsa loquitur and awarded Rs.18,34,000/- with interest.

The appellants, legal heirs of Saravanan, filed an appeal against the judgment and decree in O.S. No.55 of 2021 passed by the Additional District Judg...

© Image Copyrights Juris Services & Technology

High Court of Karnataka Enhances Compensation in Motor Accident Claim Case — Deceased was a 60-year-old agriculturist earning Rs.6,000 per month; Tribunal's notional income of Rs.4,500 per month enhanced to Rs.6,000 per month with multiplier of 9 and 1/3rd deduction for personal expenses.

The appeal was filed by the claimants (wife and children of the deceased Buddappa) under Section 173(1) of the Motor Vehicles Act, 1988, against the j...

© Image Copyrights Juris Services & Technology

Bombay High Court Partly Allows Insurance Company's Appeal Reducing Compensation in Motor Accident Claim Due to Lack of Income Proof. Deceased's income assessed notionally at Rs.15,000/- per month as documentary evidence was insufficient and not proved.

The appeal was filed by Cholamandalam MS General Insurance Co. Ltd. challenging the judgment and order dated 03.08.2015 passed by the Motor Accident C...