https://www.taxtmi.com/caselaws?id=303921 In a Section 166 motor accident claim, the Second Schedule multiplier under Section 163A is only a guiding framework, so a court may adopt a lower multiplier on special facts where strict application would distort just compensation. Only pecuniary benefits directly connected with the accidental death or injury are deductible; life insurance proceeds and unrelated social security receipts are not. The applicable interest rate was reduced to 9%, and the original exchange rate basis of Rs. 30 per US dollar was maintained for quantification. en-us Mon, 08 Jul 2002 00:00:00 +0530 Sat, 03 Dec 2022 15:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303921 In a Section 166 motor accident claim, the Second Schedule multiplier under Section 163A is only a guiding framework, so a court may adopt a lower multiplier on special facts where strict application would distort just compensation. Only pecuniary benefits directly connected with the accidental death or injury are deductible; life insurance proceeds and unrelated social security receipts are not. The applicable interest rate was reduced to 9%, and the original exchange rate basis of Rs. 30 per US dollar was maintained for quantification. Case-Laws Indian Laws Mon, 08 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303921