The transaction to be more in the nature of a joint effort to commercially exploit the land, each party agreeing to share the risk and reward from the activity, leveraging its advantage and deploying its resources - No capital gains arising to the assessee during the relevant year - Tri - Income Tax - Highlights

Income Tax - Dated - 2-12-2013 - The transaction to be more in the nature of a joint effort to commercially exploit the land, each party agreeing to share the risk and reward from the activity, leveraging its advantage and deploying its resources - No capital gains arising to the assessee during the relevant year - Tri - TMI Tax Updates - Highlights ................................... Income Tax - Highlights