https://www.taxtmi.com/caselaws?id=313658 The SC upheld the HC's determination of fair market value for acquired agricultural lands, rejecting the appellants' request for enhanced compensation. The Court emphasized legal principles over settlements, such as those in Lok Adalat, due to insufficient particulars and similarity assessments. The decision highlighted the necessity of considering factors like location, development potential, and land quality in compensation calculations. The appeals were dismissed, affirming the HC's valuation approach and underscoring the importance of established legal norms in land acquisition cases. en-us Tue, 04 Aug 2009 00:00:00 +0530 Sat, 27 Apr 2024 11:35:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313658 The SC upheld the HC's determination of fair market value for acquired agricultural lands, rejecting the appellants' request for enhanced compensation. The Court emphasized legal principles over settlements, such as those in Lok Adalat, due to insufficient particulars and similarity assessments. The decision highlighted the necessity of considering factors like location, development potential, and land quality in compensation calculations. The appeals were dismissed, affirming the HC's valuation approach and underscoring the importance of established legal norms in land acquisition cases. Case-Laws Indian Laws Tue, 04 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313658