Supreme Court

For assessing motor accident compensation, self-employed income should be averaged over three previous years' tax returns.

Rashmirekha Tripathy vs The Branch Manager (Legal Claims) Shriram General Insurance Company Ltd.

Supreme CourtJUDGMENT: July 01, 20262 MIN READSOURCE JUDGMENT
THE ORIGINAL LAWLENS SUMMARY
01

Facts

The deceased, Mr. Manoranjan Pandey (age 39), a self-employed businessman, died following a vehicular accident on 29.05.2018 involving a rashly driven truck

Source reference: p.2, para. 3

The Motor Accident Claims Tribunal (MACT) awarded Rs. 2,27,00,064, calculating income based on the last Income Tax Return (ITR) for AY 2018-19

Source reference: p.3, para. 6

On appeal, the High Court of Orissa reduced the compensation to Rs. 1,87,75,150 by averaging the last two ITRs and reducing the multiplier from 16 to 15

Source reference: p.4, para. 8

The appellants challenged this method of income assessment before the Supreme Court. The judgment also decided two other connected matters (Rajani v. Mukesh and Rekha v. Dinesh Porwal) involving similar disputes over ITR-based income assessment

Source reference: p.1, 8, 15
02

Issues

1. Whether for assessing the annual income of a deceased person/claimant under the Motor Vehicles Act, 1988, the ITR for the previous year is appropriate or if an average of the past two/three years must be taken

Source reference: p.4, para. 11

2. Whether there should be a distinction in the method of income assessment between salaried and self-employed individuals

Source reference: p.8, para. 18-19
03

Law Applied

The Court applied the foundational principle of "just and fair compensation" under Section 168 of the Motor Vehicles Act, 1988

Source reference: p.6, para. 15

It relied on Reshma Kumari v. Madan Mohan regarding the financial restoration of dependents

Source reference: p.7, para. 13

National Insurance Co. Ltd. v. Pranay Sethi for standardized calculations of future prospects, deductions, and conventional heads

Source reference: p.11, para. 22

The Court established a new procedural rule: for salaried individuals, the last ITR is generally sufficient, whereas for self-employed individuals, an average of up to three years of ITRs should serve as a reference point, subject to surrounding business factors

Source reference: p.8, para. 18; p.9, para. 19
04

Reasoning

The Court reasoned that there is no "hard and fast formula" for income assessment but emphasized that income patterns differ by employment type

Source reference: p.8, para. 17-18

For salaried persons, the latest ITR best reflects recent promotions; however, for self-employed persons, business fluctuations necessitate an average of up to three years

Source reference: p.9, para. 19

The Court held that Tribunals must consider "surrounding circumstances" for business owners, such as the nature of the business, growth patterns, and the impact of the death on the entity

Source reference: p.9, para. 19

In the primary case, the Court found the High Court's mechanical averaging too restrictive and fixed the annual income at a "fair" Rs. 14,00,000, factoring in the nature of the deceased’s construction business

Source reference: p.10, para. 22

In the connected matters, the Court rejected the use of ITRs filed post-death unless supported by substantial financial statements

Source reference: p.10, para. 20; p.18, para. 11
05

Holding

The Court held that for self-employed individuals, income should ideally be assessed based on a three-year ITR average plus qualitative business factors.

In the lead appeal, the Court enhanced the High Court's award to Rs. 1,97,81,505. In Rajani v. Mukesh, it enhanced compensation to Rs. 87,09,282, and in Rekha v. Dinesh Porwal, to Rs. 60,79,550. The Court ordered the insurers to remit the enhanced amounts with interest as awarded by the respective Tribunals within four weeks

Source reference: p.12, para. 22; p.21, para. 12; p.27, para. 13; p.13, para. 24
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Rashmirekha TripathyvsThe Branch Manager (Legal Claims) Shriram General Insurance Company Ltd.

Supreme Court · July 01, 2026

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