https://www.taxtmi.com/caselaws?id=15719 The court set aside the authority's order directing compulsory purchase of the property due to flaws in considering relevant aspects and improper property comparisons. It found the properties used for valuation were not comparable, highlighting the authority's flawed reliance on Floor Space Index. The court emphasized the need to consider the impact of long-standing tenancy on property valuation. Non-disclosure of relied-upon documents prejudiced the petitioners, leading to a remand of the matter to the authority for a fresh order within four months, with directions to provide all relevant documents and an opportunity for the petitioners to be heard. en-us Fri, 06 Nov 1998 00:00:00 +0530 Thu, 27 Aug 2009 12:53:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15719 The court set aside the authority's order directing compulsory purchase of the property due to flaws in considering relevant aspects and improper property comparisons. It found the properties used for valuation were not comparable, highlighting the authority's flawed reliance on Floor Space Index. The court emphasized the need to consider the impact of long-standing tenancy on property valuation. Non-disclosure of relied-upon documents prejudiced the petitioners, leading to a remand of the matter to the authority for a fresh order within four months, with directions to provide all relevant documents and an opportunity for the petitioners to be heard. Case-Laws Income Tax Fri, 06 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15719