Argo CD start to show annotated tag's hash instead of commit's hash after updating to new version

[aenshin-pp]

After updating from v2.4.28 to v2.11.4 in the SYNC STATUS field we start to see hash of annotated tag but not commit.

We have a tool which uses ArgoCD to make decisions during release. Tool is not healthy now since there is no commit hash anymore.

Expected behavior: always show commit hash.

[aenshin-pp]

Might be related to track down the issue:
#4538

[aenshin-pp]

Here is how to reproduce the issue:
#20083 (comment)

thanks to @anandf

[blakepettersson]

@anandf @aenshin-pp I git bisected this, and it seems like the actual culprit is #17874, which got introduced in 2.11-rc3.