COMNR.OF INCOME TAX vs. ORISSA MINING CORP.
ITA/40/2007HC Orissa07 Feb 2022
Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE R.K.PATTANAIK
reassessment of market value using a fair and just
approach. Learned Counsel clarifies that they are seeking compensation based
on actual usage and future potentiality of the acquired land. It is submitted
that if the land is capable of being used for building purposes in the near
future, its valuation must reflect such capability. Reliance is placed on Clause
