Deceased was 27 years of age, working with HDFC as the Manager earning Rs.1,81,860/- per annum -- 50% added under the head of future prospects to the annual income – Deducting 10% tax net annual income comes to Rs.2,45,511/- -- Deducting 1/3rd [Rs.81,837] towards personal expenses since the claimants are the parents of the deceased, loss of dependency comes to 1,63,674 X 11(appropriate multiplier as per the age of the parent) Rs. 18,00,414/- -- Funeral expenses enhanced to Rs.25,000/- granted – For love and affection Rs.1,00,000/- awarded -- Courts below have erred in not granting the interest on compensation at the rate of 9% p.a. – Total compensation payable to the appellants will carry interest @ 9% p.a. from the date of filing of the application till the date of payment to the appellants.

(SC) Decided on: 13.01.2015