https://www.taxtmi.com/caselaws?id=192798 Compensation for requisitioned land was assessed by reference to open market value on the date of acquisition, and the HC upheld the award of Rs. 10,000 per bigha for the acquired land because comparable nearby lands and surrounding development supported that valuation. The annual recurring compensation of Rs. 200 per bigha per annum was also upheld, as the evidence did not justify treating the land differently for valuation purposes. On interest, the Court held that the statute did not create a standalone right to interest from the date of possession; interest could be awarded only within the limits of the Act and rules, so it ran from the Arbitrator's award until payment, not from possession. en-us Wed, 16 Mar 1983 00:00:00 +0530 Wed, 21 Jun 2017 17:42:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192798 Compensation for requisitioned land was assessed by reference to open market value on the date of acquisition, and the HC upheld the award of Rs. 10,000 per bigha for the acquired land because comparable nearby lands and surrounding development supported that valuation. The annual recurring compensation of Rs. 200 per bigha per annum was also upheld, as the evidence did not justify treating the land differently for valuation purposes. On interest, the Court held that the statute did not create a standalone right to interest from the date of possession; interest could be awarded only within the limits of the Act and rules, so it ran from the Arbitrator's award until payment, not from possession. Case-Laws Indian Laws Wed, 16 Mar 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192798