Madhya Pradesh High Court news: Holding that salary slips and employment records cannot be brushed aside merely because taxable income shown in I-T returns is lower, the Madhya Pradesh High Court enhanced the compensation in a 2006 motor accident case from Rs 34.2 lakh to over Rs 1.42 crore for the family of a software engineer killed in a road crash. The court observed that the purpose of compensation law is to account for the “actual pecuniary loss” suffered by dependants. Justice Binod Kumar Dwivedi was hearing an appeal filed by one Bhavana Kapoor and other legal heirs of late Rupesh Kapoor against an award passed by the Motor Accident Claims Tribunal, Indore, in October 2008. Justice Binod Kumar Dwivedi pronounced the order on May 7. The tribunal had awarded Rs 34.20 lakh compensation after assessing the deceased’s income at Rs 3 lakh annually, despite documentary evidence showing substantially higher earnings.…