How are rich people in India using farmhouses to avoid taxes?
Arshiya Chopra, Published on Oct 2nd, 2025
CA Meenal Goel, founder of an AI startup, has revealed how rich people in India are avoiding taxes through farmhouses and agricultural land. "Here's how the play works: Agricultural income is tax-free. Show revenue from crops - no income tax," she wrote. Goel pointed at capital gains, stating that selling land, reinvesting in agricultural land gets exemption under Section 54B.
Read Full Article ...