https://www.taxtmi.com/caselaws?id=464377 A nearby comparable allotment in the industrial estate was treated as the best available exemplar for assessing market value because it was close to the acquired land and reflected the premium fixed by the acquiring agency; the prior rate was adjusted for price rise, with deductions applied for development and for the difference between large tracts and small plots. The acquired land value was therefore enhanced to Rs.95 per sq. mt. In contrast, the claim for extra compensation for fruit-bearing trees failed because the record did not prove annual yield, sale proceeds, or actual income from the trees, so no amount beyond the award was granted on that head. en-us Tue, 25 Mar 2025 00:00:00 +0530 Mon, 27 Oct 2025 20:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464377 A nearby comparable allotment in the industrial estate was treated as the best available exemplar for assessing market value because it was close to the acquired land and reflected the premium fixed by the acquiring agency; the prior rate was adjusted for price rise, with deductions applied for development and for the difference between large tracts and small plots. The acquired land value was therefore enhanced to Rs.95 per sq. mt. In contrast, the claim for extra compensation for fruit-bearing trees failed because the record did not prove annual yield, sale proceeds, or actual income from the trees, so no amount beyond the award was granted on that head. Case-Laws Indian Laws Tue, 25 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464377