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Agriculturall land

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2014 I HAVE SOLD MY AGRICULTURAL LAND IN INDIA AND I HAVE TO INVEST THIS MONEY IN FOREIGN RESIDENTIAL HOUSE....
WHAT ARE THE PROVISIONS FOR THIS? AND HOW CAN I SAVE TAX ON THIS?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
25 August 2014 if u invest out of india then whole of capital gain is taxable...........
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 August 2014 If your land is rural agricultural land and exempted from income tax, you can invest in foreign residential house.
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