12 August 2024


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SC: Fixing Rs 15,000 Per Annum As Notional Income For Non-Earning Members Not Reasonable - 17.11.2021

While hearing civil appeal preferred by appellant claimants aggrieved Jharkhand HC’s judgment, SC observed that despite repeated directions, Schedule-II of the MVAct, 1988 has not been amended yet and so, fixing notional income at Rs.15,000/- p.a. for non- earning members is not just & reasonable.

Tags : Supreme court Notional Income Schedule II

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