Assessing Officer to Review Tax Residency Certificate for Capital Gains u/s 49(2AA) of Income Tax Act.

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....Computation of Capital Gains (Loss) - Determining the cost of acquisition u/s 49(2AA) - Tax Residency Certificate (TRC) - In the instant case, since, the assessee had produced the TRC as per the directions of the DRP, we refrain from adjudicating whether TRC is mandatory for determining the cost of acquisition u/s 49(2AA) of the I.T.Act. - The A.O. is directed to examine the TRC and the same if it is found to be in order, the cost of acquisition shall be taken as claimed by the assessee - AT....