https://www.taxtmi.com/caselaws?id=282305 Land acquisition compensation must be based on reliable contemporaneous market evidence for the acquired land, not on brochure allotment rates for small developed plots, urban circle rates unsupported by a statutory valuation process, or a remote award from a different acquisition period. Certified copies of sale deeds are admissible under Section 51A, but their reliability remains subject to judicial scrutiny; deeds may be rejected if they appear undervalued, distressed, or otherwise unrepresentative. Where small developed-plot sales are used to value large undeveloped agricultural land, appropriate deductions for development are required. The stated approach relies on contemporaneous sale deeds, adjusted for development, to reach market value. en-us Wed, 12 Aug 2009 00:00:00 +0530 Mon, 29 Jan 2024 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282305 Land acquisition compensation must be based on reliable contemporaneous market evidence for the acquired land, not on brochure allotment rates for small developed plots, urban circle rates unsupported by a statutory valuation process, or a remote award from a different acquisition period. Certified copies of sale deeds are admissible under Section 51A, but their reliability remains subject to judicial scrutiny; deeds may be rejected if they appear undervalued, distressed, or otherwise unrepresentative. Where small developed-plot sales are used to value large undeveloped agricultural land, appropriate deductions for development are required. The stated approach relies on contemporaneous sale deeds, adjusted for development, to reach market value. Case-Laws Indian Laws Wed, 12 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282305