https://www.taxtmi.com/caselaws?id=194932 A third person's valuation report does not become a binding admission under Section 20 of the Indian Evidence Act unless there is a clear intention by the party to adopt it; on the facts, the State had only referred the assessor for possible settlement, so the report did not bind the State. Where immovable property is taken and compensation is payable, interest may nevertheless be awarded on equitable principles to reflect deprivation and the circumstances of withholding; the Court approved interest at reasonable rates for the relevant periods. The appeal therefore succeeded only in part, with the valuation issue rejected and interest upheld. en-us Thu, 09 May 1985 00:00:00 +0530 Fri, 06 Oct 2017 17:15:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194932 A third person's valuation report does not become a binding admission under Section 20 of the Indian Evidence Act unless there is a clear intention by the party to adopt it; on the facts, the State had only referred the assessor for possible settlement, so the report did not bind the State. Where immovable property is taken and compensation is payable, interest may nevertheless be awarded on equitable principles to reflect deprivation and the circumstances of withholding; the Court approved interest at reasonable rates for the relevant periods. The appeal therefore succeeded only in part, with the valuation issue rejected and interest upheld. Case-Laws Indian Laws Thu, 09 May 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194932