https://www.taxtmi.com/caselaws?id=298320 Under Section 168 of the Motor Vehicles Act, 1988, "just compensation" requires a broad and realistic assessment of the deceased's income, not a narrow focus on take-home pay. Salary components and family-beneficial monetary or deferred benefits such as allowances, provident fund contributions, gratuity, superannuation, insurance and similar perquisites were treated as part of income because they would have accrued to dependants as household support. Medical reimbursement was excluded because it is only repayment of actual expenses, and only the statutory tax component was deductible. The compensation assessed by the High Court was not disturbed. en-us Wed, 12 Dec 2007 00:00:00 +0530 Tue, 01 Jul 2025 15:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298320 Under Section 168 of the Motor Vehicles Act, 1988, "just compensation" requires a broad and realistic assessment of the deceased's income, not a narrow focus on take-home pay. Salary components and family-beneficial monetary or deferred benefits such as allowances, provident fund contributions, gratuity, superannuation, insurance and similar perquisites were treated as part of income because they would have accrued to dependants as household support. Medical reimbursement was excluded because it is only repayment of actual expenses, and only the statutory tax component was deductible. The compensation assessed by the High Court was not disturbed. Case-Laws Indian Laws Wed, 12 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298320