https://www.taxtmi.com/caselaws?id=288404 Market value for land acquisition compensation must be determined with reference to the date of the Section 4(1) notification, and the claimant must show that exemplar lands are comparable in potential and advantageous features. A Government circular fixing value for registration or stamp duty is only a fiscal measure and is not relevant evidence for assessing market value under Section 23(1) of the Land Acquisition Act, 1894. In the absence of independent evidence supporting a higher valuation, the claim for further enhancement of compensation was rejected. en-us Tue, 08 Aug 1995 00:00:00 +0530 Thu, 04 Jun 2020 18:20:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288404 Market value for land acquisition compensation must be determined with reference to the date of the Section 4(1) notification, and the claimant must show that exemplar lands are comparable in potential and advantageous features. A Government circular fixing value for registration or stamp duty is only a fiscal measure and is not relevant evidence for assessing market value under Section 23(1) of the Land Acquisition Act, 1894. In the absence of independent evidence supporting a higher valuation, the claim for further enhancement of compensation was rejected. Case-Laws Income Tax Tue, 08 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288404