Treatment regarding sale of agriculture land

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 March 2015 Dear sir,
sale of agriculture land is not covered under Sec 2 (14) then sale consideration received from sale of agriculture land is shown under which head if sale consideration is exempted then under which sec it is exempted? this land is not covered u/s 10 (37)

Querist : Anonymous

Querist : Anonymous (Querist)

01 April 2015 Sale of agriculture land not cover under sec 2 (14) means it is not a capital asset i .e agriculture land is situated at rural area