In a rising trend among India’s high-net-worth individuals (HNIs), agricultural land is becoming more than just a green investment—it’s fast evolving into a strategic tax haven, business venture, and legacy planning tool. But while agricultural income is tax-exempt under Indian laws, recent scrutiny by the Income Tax Department reveals that not all such claims are what they seem. Our Partner (Head – Taxation) S R Patnaik shares his views on this in an article published by Business Standard. (Photo Credit: Business Standard)
