Income Tax Returns Alone Enough for Accident Claims, Insurers Cannot Demand Extra Proof: J&K High Court

The Jammu & Kashmir and Ladakh High Court held that once an Income Tax Return is produced to prove income, courts need not examine its source absent rebuttal evidence, as statutory ITR filings carry evidentiary value unless shown to be false or unreliable.

ITR filed After Accident or Death can be Considered When Calculating Compensation for Motor Accident Claims: Supreme Court

The Supreme Court has ruled that Income Tax Returns (ITR) filed after an accident or death can be considered while calculating compensation in motor accident claims, ensuring fairer payouts that reflect the deceased’s actual earning potential.