https://www.taxtmi.com/caselaws?id=285206 In land acquisition valuation, dissimilar plots cannot be treated as one homogeneous block where location, shape, frontage and road access materially differ; separate valuation is required for each group of lands. For comparable sales, the proper method is to rely on the nearest truly comparable transaction and make justified adjustments, rather than averaging prices from dissimilar sale deeds or prior awards. Applying that approach, the closest road-adjoining sale was treated as the best basis for the road-facing plots, while deductions were made for the triangular and landlocked parcels because of their inferior access and shape. The uniform-rate and averaging methods were therefore rejected. en-us Thu, 14 Oct 1993 00:00:00 +0530 Thu, 02 Jan 2020 13:12:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285206 In land acquisition valuation, dissimilar plots cannot be treated as one homogeneous block where location, shape, frontage and road access materially differ; separate valuation is required for each group of lands. For comparable sales, the proper method is to rely on the nearest truly comparable transaction and make justified adjustments, rather than averaging prices from dissimilar sale deeds or prior awards. Applying that approach, the closest road-adjoining sale was treated as the best basis for the road-facing plots, while deductions were made for the triangular and landlocked parcels because of their inferior access and shape. The uniform-rate and averaging methods were therefore rejected. Case-Laws Indian Laws Thu, 14 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285206