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Bombay High Court Dismisses Appeals by Konkan Railway Corporation in Land Acquisition Compensation Cases. Court upholds Reference Court's valuation based on sale exemplars and potential value of land for non-agricultural use.

The case involves multiple first appeals filed by the Special Land Acquisition Officer and Chief Engineer of Konkan Railway Corporation Limited agains...

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Supreme Court of India Decides Revenue Appeal Against Tribunal's Order on Excise Valuation of Fiat Cars. Assessee's Price Below Cost Held as Normal Price Under Section 4(1)(a) by Tribunal, Revenue Challenges on Ground That Price Did Not Reflect Manufacturing Cost and Profit.

The dispute concerned the valuation of Fiat Uno model cars for central excise duty under Section 4 of the Central Excise Act, 1944. The assessee, M/s ...

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High Court of Bombay Examines State's Challenge to Enhanced Compensation in Land Acquisition Matter; Determination of Market Value Under Section 23 of Land Acquisition Act, 1894 Considered. Reference Court's Valuation of Rs.500 per Square Metre Scrutinized Based on Comparability of Sale Instances.

The Bombay High Court, in a first appeal under Section 54 of the Land Acquisition Act, 1894, examined the State of Maharashtra's challenge to the Refe...

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Bombay High Court Allows Appeal in Land Acquisition Compensation Case — Enhances Compensation for Acquired Agricultural Land. Court held that market value must be determined based on potential use and comparable sales, not merely classification as agricultural land.

The appellants, owners of agricultural land in Naiguinim, Bicholim, Goa, challenged the compensation awarded by the Reference Court under the Land Acq...

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Bombay High Court Dismisses Appeal by Bank in Possession Suit, Upholds Trial Court's Decree for Possession and Mesne Profits. Counterclaim for Specific Performance of Sale Contract Dismissed as Unenforceable Due to Lack of Registered Agreement and Failure to Prove Readiness and Willingness.

The case involves a dispute over immovable property, Municipal House No.9 at Ahmedpur, consisting of a godown, three rooms, and open space on a plot o...