Is Deduction of Income Tax from the Deceased’s Income Mandatory When Calculating Compensation Under the Motor Vehicles Act?
The High Court of Chhattisgarh has held that statutory income tax must be deducted from the deceased’s income while determining compensation in motor accident claims, in conformity with Supreme Court precedent. This position upholds and applies the law as previously laid down by the Supreme Court, providing clear binding authority for lower courts and practical […]