Counsel for the petitioners contends that while dealing with the reference preferred by Har Lal, the Tribunal had relied upon a sale deed dated 15.07.1974, wherein sale consideration was Rs. 52,000/-. As only Rs. 47,000/- was paid before the Sub Registrar and Har Lal failed to produce the receipt of Rs. 5,000/-, the Tribunal had taken land to have been sold for Rs. 47,000/-, leading to the calculation of price of land to be Rs. 235 per sq. yd. He contends that in reference before the Tribunal in the case of the petitioners, they produced certified copy of sale deed dated 15.07.1974 as Ex.A-4, wherein it was mentioned that the land was sold for Rs. 52,000/-, but Rs. 47,000/- was paid before the Sub Registrar. Shri Karam Singh appeared as AW-5, who is the purchaser of the said land, produced receipt of Rs. 5,000/(Ex.A-5), which was the remaining amount of consideration of Rs. 52,000/-, for which land was bought by him. He on this basis contends that the Tribunal has erred in assessing the price of land at Rs. 235/- per sq. yd., while it should have been Rs. 260/- per sq. yd. As the petitioners were able to prove before the Tribunal that the land, vide sale deed Ex.A-4 dated 15.07.1974, was sold for Rs. 52,000/-, which would be @ Rs. 260/- per sq. yd. He on this basis contends that the Tribunal should have assessed the rate of the land at Rs. 260/- per sq. yd.
