Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
Recovery of tax dues - property purchased by the appellant was under attachment - petitioner had no knowledge of such attachment - The petitioner being bonafide purchaser for consideration after due diligence can not be made to suffer on account of the tax dues running in the name of the original owner.
Recovery of tax dues - property purchased by the appellant was under attachment - petitioner had no knowledge of such attachment - The petitioner being bonafide purchaser for consideration after due diligence can not be made to suffer on account of the tax dues running in the name of the original owner.
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