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    <title>2012 (4) TMI 778 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=291259</link>
    <description>In motor accident compensation under the Motor Vehicles Act, the Court recognised that future prospects are not confined to regular salaried employment and held that self-employed or fixed-wage income may be increased by 30% to reflect inflation and likely income growth. It further held that, where the deceased left a small dependent family, a one-third deduction for personal expenses may be unrealistic and a 1/10th deduction was appropriate on the facts. Adult sons were also capable of being treated as dependants where there was no evidence of independent means. The compensation was recalculated accordingly, resulting in an enhanced award for the claimants.</description>
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    <pubDate>Mon, 23 Apr 2012 00:00:00 +0530</pubDate>
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      <title>2012 (4) TMI 778 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=291259</link>
      <description>In motor accident compensation under the Motor Vehicles Act, the Court recognised that future prospects are not confined to regular salaried employment and held that self-employed or fixed-wage income may be increased by 30% to reflect inflation and likely income growth. It further held that, where the deceased left a small dependent family, a one-third deduction for personal expenses may be unrealistic and a 1/10th deduction was appropriate on the facts. Adult sons were also capable of being treated as dependants where there was no evidence of independent means. The compensation was recalculated accordingly, resulting in an enhanced award for the claimants.</description>
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      <pubDate>Mon, 23 Apr 2012 00:00:00 +0530</pubDate>
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