#income tax return

Jharkhand High Court affirmed that the claimant is entitled to a loss-of-dependency award calculated on a 17-year multiplier, relying on the deceased’s post-mortem income-tax returns. The ruling clarifies that tax returns can be admitted as proof of earnings for dependency calculations under the Motor Vehicles Act, raising the compensation ceiling for families of road-accident victims.

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.

CESTAT Allahabad rules that revenue authorities cannot impose service tax demands solely based on Form-26AS or ITR figures without establishing actual service provision. The judgment reinforces natural justice principles in tax assessments, requiring concrete evidence of taxable services before confirming demands.

Bombay High Court clarifies that only personal income from Income Tax Returns can be used to calculate compensation in motor accident claims, excluding HUF income.