https://www.taxtmi.com/caselaws?id=13221 In pre-emptive purchase proceedings under Chapter XX-C, valuation must be based on fair and disclosed comparable material, with relevant differences in frontage, site advantages, developmental potential, tenancy and missing title deeds properly weighed. Guideline value is only a registration benchmark and is not conclusive of market value. The order also stood abrogated because the consideration was not tendered or deposited within the statutory period; pendency of writ proceedings did not extend time, and the mandatory consequence under section 269UH followed. en-us Tue, 12 Dec 2006 00:00:00 +0530 Wed, 27 May 2009 13:22:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13221 In pre-emptive purchase proceedings under Chapter XX-C, valuation must be based on fair and disclosed comparable material, with relevant differences in frontage, site advantages, developmental potential, tenancy and missing title deeds properly weighed. Guideline value is only a registration benchmark and is not conclusive of market value. The order also stood abrogated because the consideration was not tendered or deposited within the statutory period; pendency of writ proceedings did not extend time, and the mandatory consequence under section 269UH followed. Case-Laws Income Tax Tue, 12 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13221