Capital gain
This query is : Resolved
CA Sunil Kumar Jain
(Querist)
07 November 2012
what is tax treatment of sale of rural agricultural land??
it is not an capital asset, then under which head it will be taxable???
it is not an capital asset, then under which head it will be taxable???
07 November 2012
As it is not taxable at all - question of choosing head would not arise
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