Compensation Deductions
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Mediclaim Reimbursement To Be Deducted From Accident Compensation: Court
The Karnataka High Court has said that compensation awarded for medical expenses and hospitalisation under the Motor Vehicles (MV) Act must account for amounts received through mediclaim insurance policies.
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UK Man Wrongfully Jailed For 17 Years Ordered To Pay Rs 1 Crore For 'Bed And Board' Fees
Malkinson, who spent 17 years wrongfully imprisoned, will see a deduction of 100,000 pounds (Rs 1,06,88,639) from his compensation.
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Bullet Train Project: Compensation Amount Not Taxable Says High Court
The Bombay High Court said that income tax cannot be deducted from an amount given by way of compensation for property the National Hi-Speed Rail Corporation Ltd (NHSRCL) acquired for the Mumbai-Ahmedabad bullet train project.
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PNB Directed To Compensate For Debiting Rs 50,000 Without Intimation
A consumer forum has asked the Punjab National Bank (PNB) to pay compensation to a customer for deducting Rs 50,000 from his account without any intimation.
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Assam Officer Asked To Pay Rs 2 Lakh From Salary For Wrongful Arrest
The Assam Human Rights Commission (AHRC) on Wednesday directed the authorities to pay a compensation of Rs 2 lakh to a person - who had been arrested in a case of mistaken identity 14 years ago - by deducting the amount from the salary of the police officer who arrested him.
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High Court Seeks Centre's Reply Over Accident Compensation Tax Provision
The Delhi High Court has sought the response of Central Board of Direct Taxes (CBDT) on a plea seeking quashing of the provision mandating tax deduction on the interest received on compensation by a road accident victim.
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Mediclaim Reimbursement To Be Deducted From Accident Compensation: Court
The Karnataka High Court has said that compensation awarded for medical expenses and hospitalisation under the Motor Vehicles (MV) Act must account for amounts received through mediclaim insurance policies.
-
UK Man Wrongfully Jailed For 17 Years Ordered To Pay Rs 1 Crore For 'Bed And Board' Fees
Malkinson, who spent 17 years wrongfully imprisoned, will see a deduction of 100,000 pounds (Rs 1,06,88,639) from his compensation.
-
Bullet Train Project: Compensation Amount Not Taxable Says High Court
The Bombay High Court said that income tax cannot be deducted from an amount given by way of compensation for property the National Hi-Speed Rail Corporation Ltd (NHSRCL) acquired for the Mumbai-Ahmedabad bullet train project.
-
PNB Directed To Compensate For Debiting Rs 50,000 Without Intimation
A consumer forum has asked the Punjab National Bank (PNB) to pay compensation to a customer for deducting Rs 50,000 from his account without any intimation.
-
Assam Officer Asked To Pay Rs 2 Lakh From Salary For Wrongful Arrest
The Assam Human Rights Commission (AHRC) on Wednesday directed the authorities to pay a compensation of Rs 2 lakh to a person - who had been arrested in a case of mistaken identity 14 years ago - by deducting the amount from the salary of the police officer who arrested him.
-
High Court Seeks Centre's Reply Over Accident Compensation Tax Provision
The Delhi High Court has sought the response of Central Board of Direct Taxes (CBDT) on a plea seeking quashing of the provision mandating tax deduction on the interest received on compensation by a road accident victim.
