https://www.taxtmi.com/caselaws?id=179359 Compensation under land acquisition must reflect the true market value on the relevant date, assessed on a rational evidence-based basis and not on an unsupported low multiplier. For the dock lands, the court found the earlier valuation inadequate and enhanced compensation by applying annual produce and a more reasonable years-purchase multiplier. For the brickfield lands, the evidence showed that they had been converted into cultivated land and were not waste land at the date of declaration; they were therefore to be valued as arable land using annual net produce and an accepted multiplier. The appeals succeeded in part, with substantial enhancement of compensation and corresponding statutory additions and adjusted costs. en-us Wed, 22 Jun 1910 00:00:00 +0530 Sat, 27 Feb 2016 09:35:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179359 Compensation under land acquisition must reflect the true market value on the relevant date, assessed on a rational evidence-based basis and not on an unsupported low multiplier. For the dock lands, the court found the earlier valuation inadequate and enhanced compensation by applying annual produce and a more reasonable years-purchase multiplier. For the brickfield lands, the evidence showed that they had been converted into cultivated land and were not waste land at the date of declaration; they were therefore to be valued as arable land using annual net produce and an accepted multiplier. The appeals succeeded in part, with substantial enhancement of compensation and corresponding statutory additions and adjusted costs. Case-Laws Indian Laws Wed, 22 Jun 1910 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179359