Telangana High Court Judgments — 2010

The Tribunal allowed the withdrawal of the appeal based on the CBDT circular which sets monetary limits for departmental appeals. The appellant was granted liberty to revive the appeal if it falls outside the circular's scope.

The High Court held that under a comprehensive insurance policy, the owner and gratuitous passengers are covered, and the insurance company is liable. The court also recalculated the compensation amount based on Supreme Court directives, including future prospects and interest from the claim date.

The Tribunal held that the assessee was entitled to claim deductions for salary and interest paid to partners. This decision followed a previous judgment by a Division Bench of the same court.

The Tribunal had previously allowed such deductions for similar assessees. Following this precedent and a Division Bench ruling of the High Court, the Revenue's appeals were allowed, and the Tribunal's orders were set aside.

The Tribunal had previously allowed such deductions for similar assessees. Following this precedent and a Division Bench ruling of the High Court, the Revenue's appeals were allowed, and the Tribunal's orders were set aside.

The Tribunal had previously allowed such deductions for similar assessees. Following this precedent and a Division Bench ruling of the High Court, the Revenue's appeals were allowed, and the Tribunal's orders were set aside.

The Tribunal was justified in holding that no interest under Sections 234B and 234C was chargeable on the facts of the case. The seized amount should be treated as advance tax paid by the assessee.

The Tribunal had previously ruled in favor of the assessees in similar cases. Following this precedent, the High Court allowed the Revenue's appeals.