Daily Archives: October 15, 2015

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INVESTMENT OPPORTUNITIES IN INDIA

INVESTMENT OPPORTUNITIES IN INDIA Table of Content INTRODUCTION RECENT FOREIGN DIRECT INVESTMENT POLICY MEASURES SUMMARY PROJECTS FOR PROCUREMENT ROAD TRANSPORT AND HIGHWAYS PORTS AND SHIPPING CIVIL AVIATION POWER DELHI-MUMBAI INDUSTRIAL CORRIDOR  RAILWAYS  INVESTMENT OPPORTUNITIES IN INDIAN STATES  INVESTMENT OPPORTUNITIES IN ANDHRA PRADESH  INVESTMENT OPPORTUNITIES IN BIHAR  INVESTMENT OPPORTUNITIES IN TAMIL NADU  REASONS TO INVEST AND… Read More »

Sale of barren land within short duration could not be deemed sale of agricultural land, held as business activity

Facts of the Case :- Assessee purchased a piece of land used for rubber plantation .Subsequently, assessee sold said property through a broker. Assessee claimed that property sold was an agricultural land and, hence, profit arising on its sale was exempt from tax . Assessing Officer found that nature of property at time of registration… Read More »