https://www.taxtmi.com/caselaws?id=772561 SC reviewed a motor accident compensation claim, focusing on income determination and compensation calculation. The court accepted Income Tax Returns as primary evidence of income, fixing the deceased's annual income at Rs. 1,98,192. Applying established legal principles of future prospects, deductions, and multipliers, the compensation was enhanced from Rs. 13,91,300 to Rs. 24,53,280. The SC rejected lower courts' arbitrary rejection of statutory income documents, emphasizing the primacy of Income Tax Returns in such claims. en-us Tue, 11 Feb 2025 00:00:00 +0530 Wed, 11 Jun 2025 08:36:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772561 SC reviewed a motor accident compensation claim, focusing on income determination and compensation calculation. The court accepted Income Tax Returns as primary evidence of income, fixing the deceased's annual income at Rs. 1,98,192. Applying established legal principles of future prospects, deductions, and multipliers, the compensation was enhanced from Rs. 13,91,300 to Rs. 24,53,280. The SC rejected lower courts' arbitrary rejection of statutory income documents, emphasizing the primacy of Income Tax Returns in such claims. Case-Laws Indian Laws Tue, 11 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772561