Income from Business, Investments and Agriculture shall be considered in computation of compensation under MV Act: SC

K. Ramya & Ors. Vs National Insurance Co. Ltd. & Anr. (Supreme Court of India)

Conclusion: In present case, the Hon’ble Supreme Court enhanced the Compensation under Motor Vehicles Act, by considering the income of the deceased under the heads of “Income from Business and other investments” and “Income from Property and Agricultural Land” as the deceased was having specialized skills in administering the business and was having good managerial skills.

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