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2001 (5) TMI 3 - SC - Income TaxAccording to the appropriate authority, the fair market value with reference to the first property was worked out at Rs. 35 lakhs and with reference to the other property at Rs. 42 lakhs- Whether, order of pre emptive purchase was vitiated - When relevant factors had been ignored by the appropriate authority, necessarily we find the view taken by the High Court in holding that the order of the appropriate authority is vitiated is correct.
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