https://www.taxtmi.com/caselaws?id=283332 Monthly royalty for wrongful occupation is to be assessed on the value of user to the occupier, treating it as analogous to mesne profits, and the exercise should reflect comparable rentals, prevailing market rent, annual letting value and other reliable indicators of rental value. A determination based only on estimated property value or expected return, without considering relevant rental data and alternative valuation methods, was treated as unsustainable. The royalty fixed on that limited basis was set aside, the matter was remitted for fresh determination on proper principles, and an interim payment was directed pending reassessment. en-us Wed, 23 Apr 2008 00:00:00 +0530 Thu, 19 Sep 2019 10:00:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283332 Monthly royalty for wrongful occupation is to be assessed on the value of user to the occupier, treating it as analogous to mesne profits, and the exercise should reflect comparable rentals, prevailing market rent, annual letting value and other reliable indicators of rental value. A determination based only on estimated property value or expected return, without considering relevant rental data and alternative valuation methods, was treated as unsustainable. The royalty fixed on that limited basis was set aside, the matter was remitted for fresh determination on proper principles, and an interim payment was directed pending reassessment. Case-Laws Indian Laws Wed, 23 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283332