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Capital gain

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(Querist)
23 March 2017 respected experts
my query is my client has sold the agricultural land under compulsary acquition by the govt where it is subject to capital gain
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CA Manali Maniar

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CA Manali Maniar (Expert)
23 March 2017 If land is Rural Agricultural land then Capital Gain is not applicable
For Urban Agricultural land Capital Gain is attracted.

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