ITR of deceased can be considered computing annual income for grant of motor accident compensation



Quick Summary
The Supreme Court has ruled that Income Tax Returns (ITRs) of a deceased individual can be considered when calculating annual income for motor accident compensation claims. This decision came after an appeal where the lower courts had disregarded the deceased's ITRs when determining compensation for his heirs. The Supreme Court found this to be an error, emphasising that ITRs are crucial for accurately assessing income and future prospects, ultimately increasing the awarded compensation significantly.

The Supreme Court on Tuesday (6th Dec 2022) ruled that, while calculating annual income for grant of motor accident compensation, the courts can consider the Income Tax Return of the deceased. The bench of Justices Krishna Murari and Bela M. Trivedi was dealing with the appeal challenging the jud
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FAQ :

Yes, the Supreme Court has ruled that the Income Tax Return of a deceased individual can be considered when calculating annual income for motor accident compensation.

The ruling was made by the Supreme Court of India.

The deceased's ITR is important for accurately estimating their annual income and potential future earnings, which are key factors in determining the compensation amount.

Yes, the Supreme Court allowed the appeal and determined a significantly higher total compensation amount for the deceased's heirs, including interest.

Motor accident compensation claims are typically filed under Section 166 of the Motor Vehicles Act, 1988.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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