https://www.taxtmi.com/caselaws?id=36464 Where land has been acquired, the owner's remaining wealth-tax asset is only the right to receive compensation, including any enhanced compensation later determined, and that right must be valued on each relevant valuation date by reference to then-prevailing uncertainty, delay and litigation risk rather than the eventual award. The Tribunal's reduced valuation at 50% of the Collector's award for earlier years and 50% of the enhanced compensation for later years was treated as consistent with those principles. The interest component linked to the compensation dispute was also not to be included in full as net wealth on the valuation dates because it remained subject to the same uncertainties. en-us Thu, 07 Feb 1980 00:00:00 +0530 Mon, 22 Mar 2010 15:08:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36464 Where land has been acquired, the owner's remaining wealth-tax asset is only the right to receive compensation, including any enhanced compensation later determined, and that right must be valued on each relevant valuation date by reference to then-prevailing uncertainty, delay and litigation risk rather than the eventual award. The Tribunal's reduced valuation at 50% of the Collector's award for earlier years and 50% of the enhanced compensation for later years was treated as consistent with those principles. The interest component linked to the compensation dispute was also not to be included in full as net wealth on the valuation dates because it remained subject to the same uncertainties. Case-Laws Wealth-tax Thu, 07 Feb 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36464