https://www.taxtmi.com/caselaws?id=18137 Compulsory purchase under Chapter XX-C could not rest on an unsuitable comparable sale where the buyer had a special advantage and the authority relied on unsupported appreciation rather than genuine market evidence; the pre-emptive purchase order was therefore unsustainable. A show-cause notice must disclose the material and reasons underlying the prima facie view of undervaluation so the affected parties can meet the case against them; the deficient notice and resulting order were vitiated for breach of natural justice. Where completion was delayed by interim court orders and the transferor did not obstruct performance, equitable interest on the unpaid consideration was warranted at a moderated rate. en-us Fri, 02 Dec 1994 00:00:00 +0530 Tue, 29 Sep 2009 10:32:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18137 Compulsory purchase under Chapter XX-C could not rest on an unsuitable comparable sale where the buyer had a special advantage and the authority relied on unsupported appreciation rather than genuine market evidence; the pre-emptive purchase order was therefore unsustainable. A show-cause notice must disclose the material and reasons underlying the prima facie view of undervaluation so the affected parties can meet the case against them; the deficient notice and resulting order were vitiated for breach of natural justice. Where completion was delayed by interim court orders and the transferor did not obstruct performance, equitable interest on the unpaid consideration was warranted at a moderated rate. Case-Laws Income Tax Fri, 02 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18137