https://www.taxtmi.com/caselaws?id=753776 SC modified HC's compensation assessment in motor accident case. HC conservatively assessed deceased's monthly income at Rs.20,000 from multiple sources (milk supply Rs.8,000, agriculture Rs.5,000, contracting Rs.7,000). SC found deceased was multi-tasking beyond regular employment, including farming, milk/coconut supply to school, and government contracting work. Considering evidence that land remained barren after death and applying just compensation principles under Motor Vehicles Act 1988, SC reassessed monthly income at Rs.35,000. Final compensation awarded Rs.38,81,500 with 8% interest from claim filing date. Appeal disposed with HC judgment modified. en-us Wed, 06 Mar 2024 00:00:00 +0530 Mon, 10 Jun 2024 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753776 SC modified HC's compensation assessment in motor accident case. HC conservatively assessed deceased's monthly income at Rs.20,000 from multiple sources (milk supply Rs.8,000, agriculture Rs.5,000, contracting Rs.7,000). SC found deceased was multi-tasking beyond regular employment, including farming, milk/coconut supply to school, and government contracting work. Considering evidence that land remained barren after death and applying just compensation principles under Motor Vehicles Act 1988, SC reassessed monthly income at Rs.35,000. Final compensation awarded Rs.38,81,500 with 8% interest from claim filing date. Appeal disposed with HC judgment modified. Case-Laws Indian Laws Wed, 06 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753776