ValkyaEditorial

Tagged “personal-expenses-deduction”

1 article on personal-expenses-deduction.

Supreme CourtSupreme Court of India

Sarla Verma v. Delhi Transport Corporation (2009): standardising the multiplier and personal-expense deduction

The Supreme Court used a fatal bus-accident claim to bring order to motor-accident compensation, fixing an age-based multiplier table and standard slabs for deducting the deceased's personal and living expenses. The framework became the bedrock of MACT computation, later affirmed by the Constitution Bench in Pranay Sethi.

Valkya Editorial··6 min