WebJan 22, 2012 · Punitive charges paid by the assessee to Railways for overloading of the wagons is compensatory in nature, therefore, the same cannot be disallowed. Taurian Iron … WebSep 26, 2016 · We hold that in the instant case, the punitive charges paid are only compensatory in nature pursuant to the contractual obligation which is directly connected or intrinsically related with the carrying on of its business which unequivocally qualifies as an allowable deduction u/s 37(1) of the Act.
30 Synonyms & Antonyms of PUNITIVE - Merriam Webster
WebThere might be punitive damages as well as reimbursement of litigation costs and legal fees.: The players were affordable and keen to escape their homeland's more punitive tax rates for higher earnings.: The Law Commission emphasised that an award of punitive damages should be seen as a remedy of last resort.: The civil service post was resigned … Webpunitive: [adjective] inflicting, involving, or aiming at punishment. down to earth contractors lake geneva wi
Overloading of wagons: Railway Board reduces …
WebRailways Act, 1989. 73. Punitive charge for overloading a wagon. Where a person loads goods in a wagon beyond its permissible carrying capacity as exhibited under sub-section (2) or sub-section (3), or notified under sub-section (4), of section 72, a railway administration may, in addition to the freight and other charges, recover from the … Web3. Punitive charges for overloading.—Where the commodities are over- loaded in Railway wagon, the railway administration shall recover punitive charges as provided in Parts I, Il and Ill of the situation at 'A' and 'B' of the Schedule, from the consignor, the consignee or the endorsee as the case may be, for the entire Web2 The Model Civil Jury Charge Committee has included separate punitive damage charges under the LAD charge (8.61) and CEPA charge (8.63) which are exempt from the punitive damage cap under N.J.S.A. 2A:15-5.14. Punitive damages awarded in LAD cases (8.61) and in CEPA cases (8.63) are exempt from the punitive damage cap under N.J.S.A. 2A:15-5.14. clean and perfect melle