https://www.taxtmi.com/caselaws?id=376192 The ITAT Hyderabad allowed the appeal for statistical purposes, directing the Assessing Officer to refer the matter to the Departmental Valuation Officer for re-computation of Long Term Capital Gain. The Stay Application filed by the assessee was dismissed as the appeal had been disposed of. The judgment emphasized the importance of adhering to the provisions of Section 50C(2) and ensuring proper valuation procedures in determining capital gains. en-us Wed, 27 Feb 2019 00:00:00 +0530 Mon, 04 Mar 2019 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376192 The ITAT Hyderabad allowed the appeal for statistical purposes, directing the Assessing Officer to refer the matter to the Departmental Valuation Officer for re-computation of Long Term Capital Gain. The Stay Application filed by the assessee was dismissed as the appeal had been disposed of. The judgment emphasized the importance of adhering to the provisions of Section 50C(2) and ensuring proper valuation procedures in determining capital gains. Case-Laws Income Tax Wed, 27 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376192