Latest Motor Accident Compensation News & Updates

Supreme Court Sets Guidelines for Deceased Victims’ Income in Motor Accident Cases

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New Delhi, July 1 (IANS) The Supreme Court on Wednesday laid down broad guidelines for determining the income of deceased victims in motor accident compensation cases, holding that while the latest Income Tax Return (ITR) should ordinarily be relied upon for salaried persons, the average of up to the previous three years’ ITRs should generally be considered for self-employed individuals, subject to the nature and circumstances of their business.A bench of Justices Sanjay Karol and N.K. Singh sai…