Menu
Agricultural land
Sir/Madam We have a agricultural land in rural area under 63AA we want to sell it to one industry for industry purpose so what are the terms in capital gain tax
Replies (2)
agricultural land situated in rural area if sold it is not a capital asset and it is exempt from capital gains tax
agricultural land sold for non agricultural purpose will capital gain. pls refer sarifabevi vs cit (sc) case
Recent Threads
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
Related Threads
CAclubindia
