Capital gain query

Gaurav (MBA) (144 Points)

26 March 2014  

Dear All,

As per the amended provision the deciding factor for the land considered to be urban or rural is the distance measured AERIALLY from the local limits of any municiality.

Now, the question arises that how these distances shall be measured for determining the land's urban or rural status? Are there any deparments who certify such distances?

Thanking you