https://www.taxtmi.com/caselaws?id=9825 The High Court of MADRAS upheld the valuation of land at Mylapore under the Tamil Nadu Urban Land (Ceiling and Regulation) Act, 1978, following established legal principles. The court ruled in favor of the assessee regarding the valuation of exempted land based on the compensation rate under the Act. However, the court left the second issue unanswered due to insufficient details in the Tribunal's order, emphasizing the importance of clarity and detailed information in legal proceedings for accurate decision-making. en-us Thu, 20 Mar 2003 00:00:00 +0530 Wed, 01 Jul 2009 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9825 The High Court of MADRAS upheld the valuation of land at Mylapore under the Tamil Nadu Urban Land (Ceiling and Regulation) Act, 1978, following established legal principles. The court ruled in favor of the assessee regarding the valuation of exempted land based on the compensation rate under the Act. However, the court left the second issue unanswered due to insufficient details in the Tribunal's order, emphasizing the importance of clarity and detailed information in legal proceedings for accurate decision-making. Case-Laws Wealth-tax Thu, 20 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9825