https://www.taxtmi.com/caselaws?id=378578 The Tribunal upheld the CIT(A)'s decision to apply section 50C for computing capital gains based on the higher value adopted by the Stamp Valuation Authority. The appellant's challenge regarding the addition of Rs. 50,61,000/- and the chargeability of interest under sections 234B, 234C, and 234D were not successful. The Tribunal directed the Assessing Officer to verify the alleged arithmetical error in the computation. The appeal was dismissed, and the order was pronounced on April 12, 2019. en-us Fri, 12 Apr 2019 00:00:00 +0530 Thu, 18 Apr 2019 00:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378578 The Tribunal upheld the CIT(A)'s decision to apply section 50C for computing capital gains based on the higher value adopted by the Stamp Valuation Authority. The appellant's challenge regarding the addition of Rs. 50,61,000/- and the chargeability of interest under sections 234B, 234C, and 234D were not successful. The Tribunal directed the Assessing Officer to verify the alleged arithmetical error in the computation. The appeal was dismissed, and the order was pronounced on April 12, 2019. Case-Laws Income Tax Fri, 12 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378578