The Commissioner of Income v. M/S. Tamilnadu Water
Case brief
What is this about?
The Motor Accident Claims Tribunal award against the respondents was enhanced by the High Court to Rs.1,47,000 from Rs.87,000. The insurance company was directed to deposit the enhanced amount with interest within 12 weeks.
What did the court decide?
Award enhanced to Rs.1,47,000; insurer directed to deposit enhanced amount with interest at 7.5% p.a. within 12 weeks.