https://www.taxtmi.com/caselaws?id=34369 The compulsory acquisition order under Chapter XXC was unsustainable because the appropriate authority did not properly value the tenancy encumbrance or give adequate reasons for treating the tenant-related cost as nominal. It also relied on incomparable sale instances of built-up apartments on a main road, without explaining their relevance to an interior plot with a small tenanted structure and open land. The authority further failed to address a closer sale instance relied on by the petitioners that had been assessed by the department at a lower figure. The order was therefore vitiated by non-application of mind and inadequate valuation reasoning. en-us Mon, 10 Aug 2009 00:00:00 +0530 Sat, 22 Aug 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34369 The compulsory acquisition order under Chapter XXC was unsustainable because the appropriate authority did not properly value the tenancy encumbrance or give adequate reasons for treating the tenant-related cost as nominal. It also relied on incomparable sale instances of built-up apartments on a main road, without explaining their relevance to an interior plot with a small tenanted structure and open land. The authority further failed to address a closer sale instance relied on by the petitioners that had been assessed by the department at a lower figure. The order was therefore vitiated by non-application of mind and inadequate valuation reasoning. Case-Laws Income Tax Mon, 10 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34369