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Related to agriculure land

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(Querist)
10 August 2015 hello sir/madam
i want to ask that a person who sold his agriculture land for rs 1,50,00,000 so i want to take advice that how can we convert these amt in legal money
it means by way of minimum tax paying

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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 August 2015 Sale of rural agricultural land is exempted from capital gains tax. Register the land for 1.50 crore no need to pay any tax.

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