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![Land received in lieu of Business Loan is Business Asset, not Capital Asset: ITAT [Read Order] Land received in lieu of Business Loan is Business Asset, not Capital Asset: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Land-received-Business-Loan-Business-Asset-Capital-Asset-ITAT.jpg)
Land received in lieu of Business Loan is Business Asset, not Capital Asset: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Chennai, chaired by Mahavir Singh, Vice President, Judicial Member, and Manoj Agarwal, Accountant Member...