Agriculture land

This query is : Resolved

Pavan M P (Querist)
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22 July 2014 Dear all,

Agriculture land sold in rural area, 8 km away from Municipality. Pls confirm whether land should be situated 8 km away from municipality or Town in which it is situated?

Pls let us know the Provision for sale of agriculture land?

CA Shashank Jain

CA Shashank Jain (Expert)
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22 July 2014 If these conditions are satisfied than land will be agriculture land.

1. Land is situated in any area within the jurisdiction of a municipality or a cantonment board having population of less than 10000.
2. Land is situated outside the notified distance from jurisdiction of municipality. Govt. can notified maximum distance of 8Km.
If this condition was satisfied than land is rural agriculture land. And not liable for capital gain tax.

Pavan M P

Pavan M P (Querist)
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23 July 2014 Thank you for reply.

Can you let me know, from whom we should get the certificate , stating that population is less than 10000 in that particular area .

Whether from Municipality Board or other Govt Authority?

CA Shashank Jain

CA Shashank Jain (Expert)
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23 July 2014 https://censusindia.gov.in/
This website would give you the necessary details.

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