Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
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Manufacture - assembly at site - tower clock - cannibalization - each clock tower is a separate entity and the clock designed for one tower cannot be dismantled and moved and fitted to any other tower without cannibalization - demand set aside - AT
Manufacture - assembly at site - tower clock - cannibalization - each clock tower is a separate entity and the clock designed for one tower cannot be dismantled and moved and fitted to any other tower without cannibalization - demand set aside - AT
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