https://www.taxtmi.com/caselaws?id=774253 The Delhi HC dismissed the Revenue's appeal regarding capital gains computation under Section 50C. The court held that where a transaction was executed at a value commensurate with the circle rate prevailing at the material time, subsequent increases in circle rates would not affect Section 50C calculations. Following its earlier decision in Modipon Limited, the court ruled that parties who entered into a registered agreement before the circle rate revision and adhered to the payment schedule were not subject to the higher circle rate implemented on the sale deed date. en-us Wed, 02 Jul 2025 00:00:00 +0530 Sat, 05 Jul 2025 08:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774253 The Delhi HC dismissed the Revenue's appeal regarding capital gains computation under Section 50C. The court held that where a transaction was executed at a value commensurate with the circle rate prevailing at the material time, subsequent increases in circle rates would not affect Section 50C calculations. Following its earlier decision in Modipon Limited, the court ruled that parties who entered into a registered agreement before the circle rate revision and adhered to the payment schedule were not subject to the higher circle rate implemented on the sale deed date. Case-Laws Income Tax Wed, 02 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774253