Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
