https://www.taxtmi.com/caselaws?id=235465 The High Court upheld the decision of the Income Tax Appellate Tribunal (ITAT) regarding the cost of acquisition of land based on a circle rate of Rs.150 per sq. yard. The Court found that the lower authorities had conducted a detailed assessment of the evidence on record, including certificates and reports, and concluded that the appellant failed to demonstrate any discrepancies or falsity in the evidence. As the findings were factual and supported by the evidence presented, the Court dismissed the income tax appeal, affirming the ITAT's decision. en-us Tue, 09 Jul 2013 00:00:00 +0530 Wed, 24 Jul 2013 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235465 The High Court upheld the decision of the Income Tax Appellate Tribunal (ITAT) regarding the cost of acquisition of land based on a circle rate of Rs.150 per sq. yard. The Court found that the lower authorities had conducted a detailed assessment of the evidence on record, including certificates and reports, and concluded that the appellant failed to demonstrate any discrepancies or falsity in the evidence. As the findings were factual and supported by the evidence presented, the Court dismissed the income tax appeal, affirming the ITAT's decision. Case-Laws Income Tax Tue, 09 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235465