Yet again in New India Assurance Co. Ltd. v. Charlie and Anr. MANU/SC/0244/2005 : AIR2005SC2157 , the same view was reiterated. However, therein although the words 'net income' has been used but the same itself would ordinarily mean gross income minus the statutory deductions. We must also notice that the said decision has been followed in New India Assurance Co. Ltd. v. Kalpana (Smt.) and Ors. MANU/SC/0498/2007 : AIR2007SC1243 .{Para 22}
IN THE SUPREME COURT OF INDIA
Civil Appeal No. 5830 of 2007.
Decided On: 12.12.2007
National Insurance Company Ltd. Vs. Indira Srivastava and Ors.
Hon'ble Judges/Coram:
S.B. Sinha and H.S. Bedi, JJ.
Author: S.B. Sinha, J.
Citation: MANU/SC/8201/2007, 2008 (3) Mh.L.J. 550.
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