Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
It was the duty of the tribunal as a last fact finding authority to have considered the backdrop in which the refund claim was made - The failure of the Tribunal to perform this duty and mandated by law itself is a substantial question - matter remanded back - HC
It was the duty of the tribunal as a last fact finding authority to have considered the backdrop in which the refund claim was made - The failure of the Tribunal to perform this duty and mandated by law itself is a substantial question - matter remanded back - HC
Note: It is a system-generated summary and is for quick reference only.