https://www.taxtmi.com/caselaws?id=790637 A statutory certificate fixing land value under Section 269UD of the Income Tax Act, 1961 had a direct bearing on the cost of acquisition and capital gains computation. The Tribunal was required to examine its effect because the certificate had been relied on before the Assessing Officer and placed before it, but it failed to do so before sustaining the addition. The HC therefore interfered and remitted the matter to the Tribunal for fresh decision after considering the certificate dated 19.05.1998 and the appellant's submissions, without expressing any view on the valuation merits. en-us Wed, 22 Apr 2026 00:00:00 +0530 Tue, 28 Apr 2026 07:29:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790637 A statutory certificate fixing land value under Section 269UD of the Income Tax Act, 1961 had a direct bearing on the cost of acquisition and capital gains computation. The Tribunal was required to examine its effect because the certificate had been relied on before the Assessing Officer and placed before it, but it failed to do so before sustaining the addition. The HC therefore interfered and remitted the matter to the Tribunal for fresh decision after considering the certificate dated 19.05.1998 and the appellant's submissions, without expressing any view on the valuation merits. Case-Laws Income Tax Wed, 22 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790637