TMI Blog1997 (4) TMI 12X X X X Extracts X X X X X X X X Extracts X X X X ..... MY. JUDGMENT The controversy raised in this appeal is covered by the judgment of this court in C. B. Gautam v. Union of India [1993] 199 ITR 530, wherein it was held that : "31. The recording of reasons which lead to the passing of the order is basically intended to serve a two-fold purpose : (1) that the 'party aggrieved' in the proceeding before (sic the appropriate authority), acquir ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pugned order been held to be valid. But, on the other hand, however, he would have retained the possession of the property in question. Taking into account these factors and taking note of the fact that the immovable properties in urban areas have gone up steeply in value during the last few years, we direct that, in case an order for compulsory purchase is made the Central Government shall pay to ..... X X X X Extracts X X X X X X X X Extracts X X X X
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