https://www.taxtmi.com/caselaws?id=456338 The HC determined compensation for land acquisition under the Land Acquisition Act, 1894. The court assessed market value using a sale instance (Exh. X 2) from village Baswantpur, despite it being a small plot. Since the comparable sale property abutted a 35 ft. wide road, the court applied a 40% deduction for this advantageous factor. The final compensation was fixed at Rs. 27 per sq.ft., reduced from Rs. 46 per sq.ft. The claimant was awarded statutory benefits under Sections 23(1A) and 23(2) plus interest under Section 28. The lower court's judgment was set aside and appeal was allowed in part. en-us Wed, 09 Jan 2019 00:00:00 +0530 Wed, 17 Jul 2024 20:53:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456338 The HC determined compensation for land acquisition under the Land Acquisition Act, 1894. The court assessed market value using a sale instance (Exh. X 2) from village Baswantpur, despite it being a small plot. Since the comparable sale property abutted a 35 ft. wide road, the court applied a 40% deduction for this advantageous factor. The final compensation was fixed at Rs. 27 per sq.ft., reduced from Rs. 46 per sq.ft. The claimant was awarded statutory benefits under Sections 23(1A) and 23(2) plus interest under Section 28. The lower court's judgment was set aside and appeal was allowed in part. Case-Laws Indian Laws Wed, 09 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456338