https://www.taxtmi.com/caselaws?id=69871 The court quashed the order of acquisition citing invalid initiation of proceedings, inappropriate property valuation methodology, and procedural non-compliance. The court found the Competent Authority lacked valid reasons for acquisition, deemed the development method unsuitable for property valuation, and highlighted procedural lapses in serving notices to interested parties. Consequently, the appeals were allowed, and the acquisition order was annulled. en-us Wed, 22 Jun 1988 00:00:00 +0530 Tue, 12 Apr 2011 15:07:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69871 The court quashed the order of acquisition citing invalid initiation of proceedings, inappropriate property valuation methodology, and procedural non-compliance. The court found the Competent Authority lacked valid reasons for acquisition, deemed the development method unsuitable for property valuation, and highlighted procedural lapses in serving notices to interested parties. Consequently, the appeals were allowed, and the acquisition order was annulled. Case-Laws Income Tax Wed, 22 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69871