Intech Insurance Surveyors Pvt Ltd., dated 10.10.2013 estimating the loss at Rs.11,39,880/- and also gave its remarks that they physically verified ... depreciation as shown below is applicable for the purpose of Total Loss/Constructive Total Loss (TL/CTL) claims only. A vehicle will be considered
depreciation in fixing the IDV of the vehicle in Total Loss/Constructive Total Loss Claims (TL/CTL), when the age of the vehicle is more
company has declared a long term capital
loss of Rs.14,79,76,879/-. The said loss has been computed after indexing ... Loss. CIT(A) confirmed action of AO not allowing Long Term
capital Loss. CIT{A) confirmed action of AO not allowing long term capital
Loss
this trading activity. In support of this, he furnished a
constructed profit and loss a/c.
2.4. The AO observed that the assessee ... this trading activity. In support this, the
assessee furnished a constructed profit and loss
account."
The details are available on the assessment record
crore was payable as damages for loss of lease rental of a building that
has not been constructed. It is also interesting to note that ... rental of a building that is yet to be
constructed as a measure of loss suffered for the delay, if any.
61. On a pointed
inquiry is limited to the
question whether the contract was so constructed that loss was
inherent and implicit in it; if so, it ought
enough to categorize the complainants' car as a total loss as per insurance policy of the company.
It was alleged that respondent ... alleged that it was not a case of CLT (Constructive Total Loss). It was stated that as per insurance policy, the complainants were entitled
treat the share trading loss of Rs. 65,55,659/- as
trading loss by holding that constructive delivery or passive delivery ... treated
the loss incurred by assessee on sale of such shares as
business loss since these were constructive purchases,
made by assessee through broker
repairable and the loss assessed being less than 75% f the sum insured complainant was not entitled to total loss of vehicle and repair charges ... insured vehicle was required to be treated as a complete constructive total loss or not, after examining the materials, formed and conclusion that the cost
assess the loss. The surveyor assessed the loss to the complainant at Rs.4,91,000/- but he recommended claim on Constructive Total Loss Basis
