https://www.taxtmi.com/caselaws?id=472418 Capital-gains valuation under section 50C(2) requires use of the lower of the stamp-duty value and the value determined by the valuation authority. Where an average rate drawn from three comparable sales is materially influenced by a higher-priced instance despite differences in land size and relevant circumstances, the valuation requires adjustment. For recomputation, the sale value is to be adopted at Rs. 480 per sq. metre rather than the DVO's average rate of Rs. 1,012 per sq. metre. en-us Thu, 30 Mar 2023 00:00:00 +0530 Mon, 12 Oct 2026 13:28:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472418 Capital-gains valuation under section 50C(2) requires use of the lower of the stamp-duty value and the value determined by the valuation authority. Where an average rate drawn from three comparable sales is materially influenced by a higher-priced instance despite differences in land size and relevant circumstances, the valuation requires adjustment. For recomputation, the sale value is to be adopted at Rs. 480 per sq. metre rather than the DVO's average rate of Rs. 1,012 per sq. metre. Case-Laws Income Tax Thu, 30 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472418