https://www.taxtmi.com/caselaws?id=291258 Section 166 motor accident death claims are governed by the multiplier method as the normal rule, with the Second Schedule operating only as a guide and not as a rigid formula. The Court approved the Sarla Verma standardised table for selecting the multiplier to promote uniformity and consistency, and also accepted the standard rules on future prospects and deductions for personal and living expenses, subject to rare exceptional departure. For claims involving deceased victims up to 15 years of age, the corrected Second Schedule continues to apply so that claimants are not placed at a disadvantage. en-us Tue, 02 Apr 2013 00:00:00 +0530 Tue, 22 Oct 2024 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291258 Section 166 motor accident death claims are governed by the multiplier method as the normal rule, with the Second Schedule operating only as a guide and not as a rigid formula. The Court approved the Sarla Verma standardised table for selecting the multiplier to promote uniformity and consistency, and also accepted the standard rules on future prospects and deductions for personal and living expenses, subject to rare exceptional departure. For claims involving deceased victims up to 15 years of age, the corrected Second Schedule continues to apply so that claimants are not placed at a disadvantage. Case-Laws Indian Laws Tue, 02 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291258