Compensation for Business Closure is Taxable: Kerala HC
Lately, the Kerala High Court made a decision that is likely to affect many business entities seeking exemption from taxation for amounts received for the purpose of winding up a business entity. In this decision, the law becomes more certain in a realm
Insurance Companies Not Liable for Accidents Caused by Minor Riders: Karnataka High Court
The Karnataka High Court has ruled that the principle of pay and recover is not applicable in cases where a minor boy causes an accident. In such cases, the owner of the vehicle alone must pay the compensation to the claimants, not the
Supreme Court ordered an IAF veteran who developed HIV as a result of medical malpractice be paid Rs 18 lakh in compensation
Issue: An Indian Air Force (IAF) veteran who had an HIV transfusion at a military hospital in Samba, Jammu and Kashmir in 2002 was the subject of a lawsuit heard by the Supreme Court. After the terrorist assault on the Indian Parliament in