NATIONAL INSURANCE COMPANY LTD. vs INDIRA SRIVASTAVA .

The Supreme Court addressed the interpretation of 'income' for determining 'just compensation' under Section 168 of the Motor Vehicles Act, 1988. The Court held that the computation of income should primarily consider the basic pay, excluding certain allowances like conveyance, which the High Court had incorrectly included. Consequently, the Court modified the compensation amount awarded to the claimants, emphasizing the need for a correct assessment of the deceased's income for fair compensation.