https://www.taxtmi.com/caselaws?id=174645 In land acquisition valuation, deduction towards development charges may be applied from enhanced compensation where the percentage adopted is reasonable in light of the location and comparable precedents. The Supreme Court noted that deductions of 30% to 40% had been approved in similar cases depending on development requirements, and held that the High Court's deduction of 40% in this matter was proper. The enhanced compensation as affirmed by the High Court was left undisturbed and no interference was warranted. en-us Fri, 22 Nov 1996 00:00:00 +0530 Tue, 30 Aug 2016 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174645 In land acquisition valuation, deduction towards development charges may be applied from enhanced compensation where the percentage adopted is reasonable in light of the location and comparable precedents. The Supreme Court noted that deductions of 30% to 40% had been approved in similar cases depending on development requirements, and held that the High Court's deduction of 40% in this matter was proper. The enhanced compensation as affirmed by the High Court was left undisturbed and no interference was warranted. Case-Laws Indian Laws Fri, 22 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174645