https://www.taxtmi.com/caselaws?id=183491 While assessing compensation for acquired agricultural land under the Land Acquisition Act, 1894, only the land's market value on the Section 4 notification date and legally relevant agricultural factors could be considered; the value of silk cocoons or silk thread from later sericulture or manufacturing activity was impermissible as a basis for capitalising compensation. The Court also held that interest under the Act did not run for the period before the Section 4 notification, though the landowners could pursue damages for pre-notification dispossession. Applying comparable sales and the nature of the land, the market value was fixed at revised rates for wet/garden and dry land, with statutory benefits on the enhanced compensation maintained. en-us Mon, 26 Apr 2010 00:00:00 +0530 Fri, 10 Jun 2016 18:39:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183491 While assessing compensation for acquired agricultural land under the Land Acquisition Act, 1894, only the land's market value on the Section 4 notification date and legally relevant agricultural factors could be considered; the value of silk cocoons or silk thread from later sericulture or manufacturing activity was impermissible as a basis for capitalising compensation. The Court also held that interest under the Act did not run for the period before the Section 4 notification, though the landowners could pursue damages for pre-notification dispossession. Applying comparable sales and the nature of the land, the market value was fixed at revised rates for wet/garden and dry land, with statutory benefits on the enhanced compensation maintained. Case-Laws Indian Laws Mon, 26 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183491