Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
The Supreme Court addressed the issue of reducing compensation awarded by the Motor Accident Claims Tribunal. The deceased had multiple income sources including land sale, milk supply, coconut supply, and government contracting. The High Court conservatively assessed the deceased's income at ₹20,000 per month. However, based on evidence presented, the Court re-assessed the income at ₹35,000 per month due to the deceased's multiple work activities and the subsequent loss of income after death. The appellants were awarded compensation of ₹38,81,500 with 8% interest from the claim petition date. The judgment of the High Court was modified accordingly.
The Supreme Court addressed the issue of reducing compensation awarded by the Motor Accident Claims Tribunal. The deceased had multiple income sources including land sale, milk supply, coconut supply, and government contracting. The High Court conservatively assessed the deceased's income at ₹20,000 per month. However, based on evidence presented, the Court re-assessed the income at ₹35,000 per month due to the deceased's multiple work activities and the subsequent loss of income after death. The appellants were awarded compensation of ₹38,81,500 with 8% interest from the claim petition date. The judgment of the High Court was modified accordingly.
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