Bombay High Court says housing loan interest claimed under the Income-tax Act cannot reduce compensation payable in motor accident cases. The court enhanced the family's compensation by ₹17.58 lakh and clarified when interest on the award becomes payable.
Bombay HC rules housing loan interest cannot reduce motor accident compensation; family gets ₹17.58 lakh more
livemint.com - 27 Jul 2026 12:26
Bombay High Court says housing loan interest claimed under the Income-tax Act cannot reduce compensation payable in motor accident cases. The court enhanced the family's compensation by ₹17.58 lakh and clarified when interest on the award becomes payable.
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