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Supreme Court

"Supreme Court Resolves Insurance Dispute: Depreciation Calculation at the Center" "Judgment emphasizes compliance with policy terms and fair application of depreciation rates in insurance claims."

30 Apr 2024

The Supreme Court resolved a dispute between New India Assurance Company Ltd. (NIACL) and Tata Steel Ltd. (formerly Bhushan Steel) concerning an insur...

Supreme Court

Supreme Court Interprets Tax Exemption Calculation Method Under Gujarat Tourism Incentive Scheme. The court held that exemption limits under the New Package Scheme of Incentives for Tourism Projects, 1995-2000, should be calculated based on tax payable, not gross receipts, as per the exemption notification dated 14.02.1997 under Section 29(1) of the Gujarat Entertainments Tax Act, 1977.

2 Feb 2023

The appeal arose from a judgment of the Gujarat High Court concerning the interpretation of tax exemption calculations under the Gujarat New Package S...

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