circumstances of the case, the Tribunal was justified in applying income capitalization method on average profit for three years in valuing the cold storage ... valuation of the Cold Storage had to be done by income capitalization method (ii) the average profit for three immediately preceding years should be taken
fruit bearing
trees by the Reference Court is based on income capitalization
method and the same cannot be adopted when the
compensation for the land ... case
and set out the meaning of capitalization. The court stated that
capitalization means the method used to convert future benefits
to present value
fruit bearing
trees by the Reference Court is based on income capitalization
method and the same cannot be adopted when the
compensation for the land ... case
and set out the meaning of capitalization. The court stated that
capitalization means the method used to convert future benefits
to present value
fruit bearing
trees by the Reference Court is based on income capitalization
method and the same cannot be adopted when the
compensation for the land ... case
and set out the meaning of capitalization. The court stated that
capitalization means the method used to convert future benefits
to present value
fruit bearing
trees by the Reference Court is based on income capitalization
method and the same cannot be adopted when the
compensation for the land ... case
and set out the meaning of capitalization. The court stated that
capitalization means the method used to convert future benefits
to present value
valuation of the properties should have been adopted as Rent
Capitalization Method. It was further contended that the Valuation
Officer has provided depreciation ... instead of 60 years.
The assessee further contended that the Rent Capitalization Method
was accepted by the Legislature by in enacting Rule1BB (operative
Rama Rana and Ors. [AIR 1997 SC 1845]. While
applying the capitalization method and multiplier of 10, the Reference
Court had granted compensation ... method of sale statistics and determine compensation by applying
the capitalization method.
15.As is evident from the above stated facts, the principal controversy
between
solatium is payable on that portion of land value based on
capitalization method of yielding rubber trees and directed to compute
balance amount payable under ... market value of land which were partly based
on capitalization method of the yielding rubber trees for the planted area
and partly based
estimated the valuation of the property on rent
capitalization method at Rs.1,46,88,062/-. The assessing officer from the estimated value ... method for valuation of the property is an appropriate
method. No defects have been pointed out by the assessee in adopting the rent capitalization
method
calculating the yield of the mango trees
24
through income capitalization method. The respondent No.2 had
already valued the lands of respondent ... Reference Court has committed an error in
taking the income capitalization method, though it has held that
compensation awarded for land by respondent
