Agricultural land

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 August 2012 Capital Gain on rural agricultural land is exempt. if i required to show in my return. how and where i should disclose the same.(In which column)

In Income tax return - 4 ,Schedule EI - Detail of Expempt Income of return where there is column (No. 4) Net agricultral income other than rule 7, 7A, 7B or 8.

Can i show it in such column.

13 August 2012 such Capital gain shall be shown under exempt income.

Show the net capital gain.


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