COMPENSATION AVAILABLE ON ACCIDENTAL DEATH

[Madhav Gohad]

Sir

You may circulate following information to members -

Accidental Death and available compensation to Family of deceased as per Motor Act 1988 (Supreme Court judgment under Civil Appeal No 9858 of 2013 arising out of SLP (C) 1056 DT 31 10 2013)

If the person whose death occurs due to accident and who is regularly filing Income Tax Returns  then his average income for last three years multiplied by 10 is the amount his family  becomes eligible for  claiming compensation from the Govt.

For Example  If such person had filed returns for last three years having income of Rs 4.00 lakh, Rs 5.00 lakh, and Rs 6.00 lakh then his family becomes eligible for compensation of Rs 50.00 lakh.

For want of knowledge of this provision/Rule many families are deprived of  their right and resultant monetary loss.

This legal provision is based on the  point that the deceased person was earning hand for his family and had he been alive he would have earned 10 times of his present income for next 10 years and his family would have earned their living satisfactorily.

The above provision underscores need for filing INCOME TAX returns regularly.

M D GOHAD

[Dilip Deshpande]

To which Department, legal heirs to approach for compensation? How to locate nearest office of that Government Department?

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