https://www.taxtmi.com/caselaws?id=55942 The appeals by the Revenue were dismissed, and the AAC's orders were upheld on all issues. The valuation of land at Vejalpur was confirmed at Rs. 15 per sq. meter. The claim for compensation for land at Panchpakhadi Village was denied due to the land being under the Municipal Council's possession for over 15 years. The valuation of land at Village Navapada at Rs. 40,000 was accepted. The valuation of the let-out property in Bombay was upheld based on rent capitalization. The valuation of Thane property at Rs. 2,60,400 was confirmed, rejecting the revised return value of Rs. 5,00,000. en-us Fri, 08 Sep 1989 00:00:00 +0530 Tue, 30 Nov 2010 17:29:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55942 The appeals by the Revenue were dismissed, and the AAC's orders were upheld on all issues. The valuation of land at Vejalpur was confirmed at Rs. 15 per sq. meter. The claim for compensation for land at Panchpakhadi Village was denied due to the land being under the Municipal Council's possession for over 15 years. The valuation of land at Village Navapada at Rs. 40,000 was accepted. The valuation of the let-out property in Bombay was upheld based on rent capitalization. The valuation of Thane property at Rs. 2,60,400 was confirmed, rejecting the revised return value of Rs. 5,00,000. Case-Laws Wealth-tax Fri, 08 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55942