Supreme Court · 2011 INSC 607 · Decided 24 August 2011
Chakas v. State of Punjab & ORS.
- Court
- Supreme Court of India
- Citation
- 2011 INSC 607 · [2011] 10 S.C.R. 618
- Case number
- CIVIL APPEAL No. 7258/2011
- Decided
- 24 August 2011
- Bench
- DALVEER BHANDARI, DEEPAK VERMA (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Land Acquisition Act Section 4
Headnote
LAND ACQUISITION ACT, 1894: c s.23 - Compensation for the land acquired - Computation of - Base price - Comparable sale deed - Held: Market value has to be assessed as at the time of s.4 notification - Appropriate sale deed would be Ext. PB as it is touching the issuance of s.4 notification and is tax department granted a clearance certificate with regard to it - It is a genuine and bona fide transaction - As per this sale deed the base price of the land acquired is fixed at Rs. 4,08,0001- per acre. s.23 - Market value of land acquired - Deductions - E Held: The land was reserved for
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