How ITR will decide motor accident compensation: SC issues new guidelines for salaried, self-employed and non-filers
New Delhi, July 2 -- Whether someone is a salaried employee, self-employed professional or someone who did not file income tax return (ITR) in previous years, the Supreme Court has now clarified how a claimant's income should be assessed while deciding their motor accident compensation, according to a New Indian Express report.
These guidelines aim to bring uniformity in motor accident compensation cases, where victims or their legal heirs receive monetary support to cover losses, injuries, or damages caused by the incident.
The verdict was announced while hearing an appeal filed by an insurance company against a high court order that had fixed the deceased person's income by picking the highest tax returns from the last five years.
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