https://www.taxtmi.com/caselaws?id=302805 In fixing compensation for acquired agricultural land, the Court held that the prevailing market value at the date of acquisition was the governing consideration. On the material before it, the lands were agricultural and their comparable market value was assessed at between Rs. 6,000 and Rs. 6,500 per acre. A uniform valuation was therefore found just and proper, and compensation was fixed uniformly at Rs. 6,000 per acre for all the lands. The award was modified in favour of the landowners, and the appeal succeeded. en-us Tue, 26 Nov 1996 00:00:00 +0530 Sat, 18 Jun 2022 15:22:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302805 In fixing compensation for acquired agricultural land, the Court held that the prevailing market value at the date of acquisition was the governing consideration. On the material before it, the lands were agricultural and their comparable market value was assessed at between Rs. 6,000 and Rs. 6,500 per acre. A uniform valuation was therefore found just and proper, and compensation was fixed uniformly at Rs. 6,000 per acre for all the lands. The award was modified in favour of the landowners, and the appeal succeeded. Case-Laws Indian Laws Tue, 26 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302805