1997 (4) TMI 12

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..... 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), acquires knowledge of the reasons and in a proceeding before the High Court or the Supreme Court (since there is no right of appeal or revision), it .....

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..... nto 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 the intending seller the amount of the apparent consideration plus interest at 9 per cent. per annum from the date the impugned order was made .....

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