Karnataka High Court

Determination of compensation for self-employed professionals must be based on recent Income Tax Returns.

SRI S. SRIDHARAN vs VRL LOGISTICS LIMITED NO

Karnataka High CourtJUDGMENT: June 19, 20262 MIN READSOURCE JUDGMENT
THE ORIGINAL LAWLENS SUMMARY
01

Facts

On April 9, 2019, Bhaskaran S (aged 30), a passenger in a bus owned by Respondent No. 1 and insured by Respondent No. 2, died from injuries sustained after the driver’s rash and negligent driving caused the vehicle to collide with a tree

Source reference: p. 3

The deceased was a qualified B.Tech engineer who had previously worked at Oracle India and recently started his own trucking business

Source reference: p. 7-8, 11

The claimants, the deceased’s parents, filed for compensation under Section 166 of the Motor Vehicles Act, 1988

Source reference: p. 3

The Motor Accident Claims Tribunal (MACT) awarded ₹22,17,550 with 6% interest, calculating income notionally at ₹15,000/month despite Income Tax Returns (ITR) showing higher earnings

Source reference: p. 3, 6

The claimants appealed for enhancement

Source reference: p. 3
02

Issues

1. Whether the income of the deceased should have been taken in terms of the notional income chart instead of proven past earnings and ITR filings

Source reference: p. 9

2. Whether the appropriate multiplier should be 17 instead of 16, given the deceased was 30 years old

Source reference: p. 9

3. Whether interest should be enhanced to 9% in accordance with recent judicial precedents

Source reference: p. 9
03

Law Applied

The Court applied Section 166 and Section 171 of the Motor Vehicles Act, 1988

Source reference: p. 3, 16

It followed the principles for calculating loss of dependency established in Sarla Verma v. DTC and National Insurance Co. Ltd. v. Pranay Sethi

Source reference: p. 9

Regarding the award of interest, the Court relied on Abati Bezbaruah v. Geological Survey of India, Jagadish v. Mohan, and Savita Devi v. SBI General Insurance, which emphasize that 9% interest is just and reasonable for death and disability claims to compensate for the detention of money

Source reference: p. 19-20
04

Reasoning

The Court found the MACT erred in taking a notional income of ₹15,000 when ITR for AY 2018-19 proved a gross income of ₹5,83,727

Source reference: p. 13-14

The Court observed that the deceased’s educational background and career progression at multinational firms like Dell and Oracle justified using the last filed ITR as the base for calculation

Source reference: p. 10-12

Subtracting tax, the monthly income was assessed at ₹47,655

Source reference: p. 14

Following Pranay Sethi, the Court added 40% for future prospects and deducted 50% for personal expenses as the deceased was a bachelor

Source reference: p. 14-15

Based on the deceased's date of birth (19.07.1988), the Court corrected the multiplier to 17

Source reference: p. 9, 15

Finally, reviewing its own recent precedent in United India Insurance Co. Ltd. v. Sri. Malyadri. M, the Court determined that 9% interest is the current standard for "just compensation"

Source reference: p. 15-25
05

Holding

The Court answered the issues by holding that the deceased's actual proven income via ITR should be used, the multiplier is 17, and the interest rate must be 9%

The total compensation was enhanced from ₹22,17,550 to ₹70,06,990 (an increase of ₹47,89,440)

Source reference: p. 25

The Court allowed the appeal in part. Respondent No. 2 was directed to deposit the enhanced amount within eight weeks

Source reference: p. 26
Karnataka High Court

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SRI S. SRIDHARANvsVRL LOGISTICS LIMITED NO

Karnataka High Court · June 19, 2026

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