Income Tax | Land Purchased Below Evidenced Value Held Taxable as Business Benefit by ITAT Bangalore

ITAT Bangalore held that land acquired below its evidenced value yielded a non-cash business benefit taxable under section 28(iv) for AY 2014-15. The post Land Purchased Below Evidenced Value Held Taxable as Business Benefit by ITAT Bangalore appeared first on TaxGuru .