Quick Summary
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 judgment passed by the Madhya Pradesh High Court. In this case, The Appellants are the heirs and legal representatives of Rajesh (deceased) who died as a result of a motor accident. He was travelli
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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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