Tag: motor vehicle act
Higher rate of depreciation allowable on crane. So long as crane is registered under the Motor Vehicles Act, it is a motor vehicle. ABCAUS Case Law Citation:ABCAUS 3191 (2019) (11) ITAT Important case law relied upon by the parties:CIT Vs. Gaylord Constructions Gujco Carriers Vs. CIT 122 taxman …
Transfer of vehicle registration not necessary for claiming depreciation. Transfer of ownership of vehicles is governed by the Sale of Goods Act not by Motor Vehicles Act. ABCAUS Case Law Citation:ABCAUS 2670 (2018) (12) ITAT Important Case Laws Cited/relied upon:CIT v. Nidish Transport Corporation Panna Lal v. Chand Mal …
No restriction on Courts to award compensation exceeding claimed amount. The compensation under Motor Vehicles Act, 1988 has to be just – Supreme Court ABCAUS Case Law Citation: ABCAUS 2656 (2018) (11) SC Important Case Laws Cited/relied upon: Nagappa v. Gurudayal Singh (2003) 2 SCC 274 Magma General Insurance v. Nanu Ram (2018) SCC Online SC 1546 Ibrahim v. Raju (2011) 10 SCC 634 The claimants in the instant appeal had sought further …
Supreme Court explains principles of Spousal, parental and filial consortium for award of compensation under Motor Vehicles Act ABCAUS Case Law Citation: ABCAUS 2523 (2018) 09 SC Important Case Laws Cited/relied upon by the parties: National Insurance Co. Ltd. v. Pranay Sethi (2017) 16 SCC 680 The Insurance Company had filed a Special Leave Petition (SLP) to …
