Timing mismatch in income recognition requires verification whether receipts were already taxed in an earlier year; matter remitted for fresh examinat...
FOB transaction value and export incentives: customs valuation cannot override contractual export benefits or support confiscation without valid proof...
Mediclaim reimbursement and motor accident compensation operate in distinct spheres: a private mediclaim policy funded by premiums is an independent contractual benefit, while compensation under the Motor Vehicles Act is a statutory right to just and fair compensation for accident-related injury. The principle against double recovery applies only when two payments truly answer the same loss in the same legal sphere, which is not the case here. Mediclaim or medical insurance proceeds are therefore not deductible from compensation assessed by the Claims Tribunal, and the matter was remanded for decision on that basis.
Mediclaim reimbursement and motor accident compensation operate in distinct spheres: a private mediclaim policy funded by premiums is an independent contractual benefit, while compensation under the Motor Vehicles Act is a statutory right to just and fair compensation for accident-related injury. The principle against double recovery applies only when two payments truly answer the same loss in the same legal sphere, which is not the case here. Mediclaim or medical insurance proceeds are therefore not deductible from compensation assessed by the Claims Tribunal, and the matter was remanded for decision on that basis.
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