In Brief
In this Motor Vehicles Act compensation claim, the Supreme Court held that income tax returns take primary precedence over other documents in determining annual income. The appellants sought to deduct depreciation from the deceased's income, but the Court rejected this, holding that depreciation—the decline in asset value over time—cannot be treated as tangible income and thus cannot reduce the compensation. Since the appellants provided no evidence of actual income depletion, their appeal was partly allowed, with compensation awarded at 9% interest per annum from filing until payment.
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