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![ITAT upholds Book-Value based Taxation of Partner on Capital Contribution of Immovable Property in LLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Limited-Liability-Partnership-LLP-Taxscan.jpg "ITAT upholds Book-Value based Taxation of Partner on Capital Contribution of Immovable Property in LLP [Read Order]")
ITAT upholds Book-Value based Taxation of Partner on Capital Contribution of Immovable Property in LLP [Read Order]
Mumbai bench of Income Tax Appellate Tribunal (ITAT), recently upheld the book-value based taxation of partner on capital contribution of immovable...