years purchase price at 5% return per annum as per Parks table.
Multiplier = 12.46 Present worth - Amount to be paid ... years
purchase price at 10% return per annum as per Parks table.
Multiplier
= 8.51 Present worth - Amount to be paid
probable life span and the relevant annuity factor as contained in Parks Table. (The annuity principle is the most suitable instrumentality with respect to calculation
from the order learned
Additional District Judge has relied on the Parks Table to fix
compensation for trees cut and removed. Having regard
restricting the future age as 20 years, multiplier as
per Park's table was applied. The District Court
relying upon Kumba Amma v KSEB ... years and compensation was granted
accordingly applying the Park's table. The competent
Authority has fixed the yielding age as 20 years. I
find
details of assessment based on Parks Table is given in
the impugned order) and less Rs.74,356.32 fixed by the petitioner as
compensation
record including the
documents produced by petitioner and basing on Parks table has
fixed additional compensation at Rs.31,318.46. Though that
enhancement is challenged
respondent, calculating compensation on the basis
of 5% return as per parks table. It is relevant to note that the petitioner
board has not filed
reasonable
compensation was granted.
2. Learned District Judge, relying on the Parkes Table,
fixed a compensation for three rubber trees aged 10 at
Rs.3939 ... excessive, the impugned order shows that compensation was
fixed based on Parkes Table. I do not find any illegality or
irregularity, warranting interference in exercise
annum for a period of 30 years
according to Park's Table.
: 140 x 4 x 9.427 = Rs.
5279.12
Sl. No.
Amount in deposit ... basis of the valuation tables provided in the Appendix in "Parks on Valuations Land and Houses". The present value
which reads thus:-
"20. Parking and loading/unloading space-(1) Each
off-street parking space provided for parking motor cars shall not
be less ... item (1) to (3) of
table below:
W. A. Nos. 874 and 2534 of 2017 -19-
TABLE
Off-street parking Space
Sl. No. Occupancy