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Supreme Court Restores Compensation in Motor Accident Claim, Overturns High Court's Reduction -- Allowances Included, Future Prospects at 50%, Income Tax Based on Slabs -- Insurance Company's Appeal Dismissed

The Supreme Court heard an appeal against the High Court's reduction of compensation in a motor accident claim case. The Tribunal had awarded Rs. 88,2...

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High Court Ruling on Tolani Ltd. Income Tax Appeals Clarifies Deduction Computation. Court Decides on the Interaction Between Section 33AC and Section 80-I of the Income Tax Act.

The High Court of Judicature at Bombay delivered a judgment on August 23, 2024, concerning the income tax appeals filed by Appellant. The central issu...