Capital Asset Conversion Requires Proven Business Stock Treatment; Paper Consideration in Spousal Flat Transfers Does Not Create Taxable Business Inco...
Human-probability test defeats political donation deduction where banking records mask accommodation-entry fund layering and evidence shows non-genuin...
Commercial property status protects capital-gains exemption when residential-house ownership limits are tested, while agricultural-land character gove...
Investigation deposits refunded after failed customs demands fall outside the statutory appellate pre-deposit interest regime and may attract compensa...
Resolution plan finality extinguishes unquantified operational-creditor claims and pending proceedings unless the approved plan expressly preserves th...
The Motor Accident Claims Case (MCC) - Computation of income of the deceased for passing award - computation of future prospects - Taking into consideration the Salary income, HRA, Deductions u/s 80C of Income Tax Act - The MCC was resolved by correcting the calculation error in the previous judgment. The modified compensation amount was reduced due to the removal of the double counting of future prospects in the deceased's income. - HC
The Motor Accident Claims Case (MCC) - Computation of income of the deceased for passing award - computation of future prospects - Taking into consideration the Salary income, HRA, Deductions u/s 80C of Income Tax Act - The MCC was resolved by correcting the calculation error in the previous judgment. The modified compensation amount was reduced due to the removal of the double counting of future prospects in the deceased's income. - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
