The Supreme Court of India has ruled that allowances forming part of a deceased’s salary must be included when computing compensation in motor accident claims. In a significant judgment, the Court also held that any deduction towards income tax from the compensation amount must be calculated based on the applicable tax slabs for the relevant
Allowances Must Be Included for Calculating Motor Accident Compensation, Tax to Be Deducted as per Slab, Not at Flat Rate: Supreme Court
