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    <title>1981 (10) TMI 187 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=277555</link>
    <description>The court in this case held that interest should be allowed on the enhanced compensation amount at a rate of 6% per annum from the date of possession of the land. Additionally, deductions of 33% and 20% towards development costs were upheld based on the principle that undeveloped land requires amenities to match developed lands. The Tribunal&#039;s decision on these deductions was deemed reasonable. The special leave petitions were dismissed, with a directive to pay interest on the enhanced compensation amount at 6% per annum. No costs were awarded.</description>
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    <pubDate>Thu, 01 Oct 1981 00:00:00 +0530</pubDate>
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      <title>1981 (10) TMI 187 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=277555</link>
      <description>The court in this case held that interest should be allowed on the enhanced compensation amount at a rate of 6% per annum from the date of possession of the land. Additionally, deductions of 33% and 20% towards development costs were upheld based on the principle that undeveloped land requires amenities to match developed lands. The Tribunal&#039;s decision on these deductions was deemed reasonable. The special leave petitions were dismissed, with a directive to pay interest on the enhanced compensation amount at 6% per annum. No costs were awarded.</description>
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      <pubDate>Thu, 01 Oct 1981 00:00:00 +0530</pubDate>
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