https://www.taxtmi.com/caselaws?id=312143 After the 1984 amendment to Section 25 of the Land Acquisition Act, 1894, compensation is not confined to the amount claimed by the landowner; the earlier ceiling was removed and only the minimum safeguard against falling below the Collector's award remains. Applying that principle, the SC assessed the acquired land on its own facts and rejected parity with higher-valued highway-side comparables because the property was away from the national highway and had limited access. The Court nonetheless found the State's valuation too low and fixed the market value at Rs. 200 per square yard, with statutory benefits. en-us Thu, 18 Feb 2016 00:00:00 +0530 Fri, 02 Feb 2024 21:38:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312143 After the 1984 amendment to Section 25 of the Land Acquisition Act, 1894, compensation is not confined to the amount claimed by the landowner; the earlier ceiling was removed and only the minimum safeguard against falling below the Collector's award remains. Applying that principle, the SC assessed the acquired land on its own facts and rejected parity with higher-valued highway-side comparables because the property was away from the national highway and had limited access. The Court nonetheless found the State's valuation too low and fixed the market value at Rs. 200 per square yard, with statutory benefits. Case-Laws Indian Laws Thu, 18 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312143