The Motor Accident Claims Case (MCC) - Computation of income of ...

Income Tax

January 27, 2024

The Motor Accident Claims Case (MCC) - Computation of income of the deceased for passing award - computation of future prospects - Taking into consideration the Salary income, HRA, Deductions u/s 80C of Income Tax Act - The MCC was resolved by correcting the calculation error in the previous judgment. The modified compensation amount was reduced due to the removal of the double counting of future prospects in the deceased's income. - HC

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The Motor Accident Claims Case (MCC) - Computation of income of ...

Income Tax

January 27, 2024

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