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The United India Insurance Co.Ltd vs D.Vasantha on 6 September, 2013 cites

Sarla Verma & Ors vs Delhi Transport Corp.& Anr on 15 April, 2009

21.It is the submission of the learned counsel for the appellant/Insurance Company that the Tribunal has failed to deduct any amount towards the income-tax from the compensation amount and that the Tribunal ought to have deducted 50% of the amount towards personal expenses, since the claim was made by the parents of the deceased. But, We find that the Tribunal has not awarded any amount towards future prospects of the deceased. As per the judgment of the Honourable Supreme Court reported 2009 ACJ 1298 [Sarla Verma and others Vs. Delhi Transport Corporation and another], the Tribunal ought to have added 50% of the actual salary to the actual income towards future prospects. But, this amount was not added by the Tribunal in the case on hand. Hence, there is no need to deduct any amount from the compensation amount towards income-tax. Therefore, We are not inclined to accept the submission made by the learned counsel for the appellant/Insurance Company on that aspect.
Supreme Court of India Cites 12 - Cited by 20141 - R V Raveendran - Full Document
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