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'Housing Loan Tax Deductions Cannot Reduce Motor Accident Compensation': Bombay HC Enhances Award By ₹17.58 Lakh
The Bombay High Court ruled that housing loan interest claimed as a deduction under the Income Tax Act cannot reduce compensation in motor accident cases. Allowing an appeal by a doctor's family, the court enhanced the compensation by Rs 17.58 lakh and said the Motor Vehicles Act aims to ensure just compensation for dependants.
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