PEHLAD RAM vs HARYANA URBAN DEV. AUTHORITY .

The Supreme Court addressed the appeal concerning compensation for land acquired under the Land Acquisition Act, 1894, specifically referencing Section 4 and Section 28-A. The Court held that the amount of compensation awarded must be reconsidered based on the principle established in The Dollar Company vs. Collector of Madras, AIR 1975 SC 1670, which states that the purchase price is the best evidence of land valuation when acquisition proceedings are initiated shortly after purchase. The Court directed the appellants to show cause why the compensation should not be reduced, acknowledging the need for a re-evaluation of the compensation amount based on the appellants' failure to disclose the purchase price.