https://www.taxtmi.com/caselaws?id=298142 Comparable sales and capitalised rental income were accepted as proper methods for valuing acquired property under land acquisition law. The Court upheld use of a 1957 sale deed as the best available comparable for vacant land, rejected later sales as unsafe guides, and sustained a modest enhancement in favour of the claimants. For commercial buildings, compensation based on annual rental income capitalised at the appropriate rate was upheld, supported by tenant evidence and rent receipts, with an adverse inference drawn from the State's non-production of relevant records. The statutory bar against enhancement for want of a claim under notice was rejected because the State failed to prove the necessary notice and waiver foundation. en-us Thu, 24 Jul 1980 00:00:00 +0530 Wed, 13 Oct 2021 16:23:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298142 Comparable sales and capitalised rental income were accepted as proper methods for valuing acquired property under land acquisition law. The Court upheld use of a 1957 sale deed as the best available comparable for vacant land, rejected later sales as unsafe guides, and sustained a modest enhancement in favour of the claimants. For commercial buildings, compensation based on annual rental income capitalised at the appropriate rate was upheld, supported by tenant evidence and rent receipts, with an adverse inference drawn from the State's non-production of relevant records. The statutory bar against enhancement for want of a claim under notice was rejected because the State failed to prove the necessary notice and waiver foundation. Case-Laws Indian Laws Thu, 24 Jul 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298142