https://www.taxtmi.com/caselaws?id=14705 The High Court set aside the authority's compulsory purchase order due to undervaluation of the property and failure to consider the tenant's possession rights. The judgment emphasized the authority's oversight in not accounting for the tenant's interest and the impact of retrospective amendments on the evaluation process. The matter was remanded for a fresh examination in compliance with the law, with parties bearing their respective costs. The decision highlighted the importance of objectively assessing property value, taking into consideration all relevant factors, including tenant rights. en-us Fri, 23 Oct 1998 00:00:00 +0530 Sat, 18 Jul 2009 11:34:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14705 The High Court set aside the authority's compulsory purchase order due to undervaluation of the property and failure to consider the tenant's possession rights. The judgment emphasized the authority's oversight in not accounting for the tenant's interest and the impact of retrospective amendments on the evaluation process. The matter was remanded for a fresh examination in compliance with the law, with parties bearing their respective costs. The decision highlighted the importance of objectively assessing property value, taking into consideration all relevant factors, including tenant rights. Case-Laws Income Tax Fri, 23 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14705