|Bombay High Court
Motor Vehicles Act | Single ITR Sufficient for Compensation Assessment; Averaging Three Years' ITRs Unnecessary: Bombay HC
Bombay High Court rules that a single Income Tax Return (ITR) closest to the date of death is adequate to determine compensation under the Motor Vehicles Act, rejecting the need for averaging three years' ITRs. The Court upheld a compensation award of ₹77,27,864 with 6% interest, emphasizing the Act's benevolent nature to simplify claimant burden in motor accident cases.