https://www.taxtmi.com/caselaws?id=174511 When excess vacant land under the Urban Land (Ceiling and Regulation) Act was excluded from the ceiling regime and taken under the Land Acquisition Act, compensation had to be assessed under the Land Acquisition Act rather than the ceiling law's special compensation scheme. The Court also held that valuation based on developed comparable sales required deduction for development charges because the acquired land was undeveloped. On that basis, the market value was reduced, and additional amount under Section 23(1-A) was not payable on the facts. en-us Fri, 22 Mar 1996 00:00:00 +0530 Fri, 09 Oct 2015 12:27:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174511 When excess vacant land under the Urban Land (Ceiling and Regulation) Act was excluded from the ceiling regime and taken under the Land Acquisition Act, compensation had to be assessed under the Land Acquisition Act rather than the ceiling law's special compensation scheme. The Court also held that valuation based on developed comparable sales required deduction for development charges because the acquired land was undeveloped. On that basis, the market value was reduced, and additional amount under Section 23(1-A) was not payable on the facts. Case-Laws Indian Laws Fri, 22 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174511