https://www.taxtmi.com/caselaws?id=289442 The Tribunal allowed the appeal for statistical purposes, remitting the issue back to the Assessing Officer for fresh adjudication. The Tribunal held that the stamp duty valuation for Section 50C purposes should be considered as on the date of the agreement to sell, with retrospective effect from 1st April 2003. The Assessing Officer was directed to follow this valuation method, disregarding subsequent property developments for capital gains calculation. The decision was pronounced on 30th November 2017. en-us Thu, 30 Nov 2017 00:00:00 +0530 Fri, 31 Jul 2020 08:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289442 The Tribunal allowed the appeal for statistical purposes, remitting the issue back to the Assessing Officer for fresh adjudication. The Tribunal held that the stamp duty valuation for Section 50C purposes should be considered as on the date of the agreement to sell, with retrospective effect from 1st April 2003. The Assessing Officer was directed to follow this valuation method, disregarding subsequent property developments for capital gains calculation. The decision was pronounced on 30th November 2017. Case-Laws Income Tax Thu, 30 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289442