https://www.taxtmi.com/caselaws?id=19521 In Chapter XX-C property purchase proceedings, the text explains that reasonable opportunity must be given, but a short notice period may still suffice where relevant valuation material is already on record and a late request for further documents appears dilatory. It also states that valuation must be based on market value, with factors such as location, frontage, road width, size, time-gap and salvage value considered; absent perversity, non-application of mind or patent illegality, writ interference is not warranted. The text further notes that acquisition under Chapter XX-C is a public-interest anti-undervaluation mechanism and does not by itself cast stigma or slur on the parties. en-us Mon, 18 Apr 1994 00:00:00 +0530 Fri, 06 Nov 2009 16:50:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19521 In Chapter XX-C property purchase proceedings, the text explains that reasonable opportunity must be given, but a short notice period may still suffice where relevant valuation material is already on record and a late request for further documents appears dilatory. It also states that valuation must be based on market value, with factors such as location, frontage, road width, size, time-gap and salvage value considered; absent perversity, non-application of mind or patent illegality, writ interference is not warranted. The text further notes that acquisition under Chapter XX-C is a public-interest anti-undervaluation mechanism and does not by itself cast stigma or slur on the parties. Case-Laws Income Tax Mon, 18 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19521