Capital gain
This query is : Resolved
akshat shah
(Querist)
24 November 2016
What is tax implication when an agricultural land is converted into non agricultural land and same is leased?
Amol S Joglekar
(Expert)
24 November 2016
change of use does not attract capital gain.
change of ownership attracts capital gain
change of ownership attracts capital gain
akshat shah
(Querist)
24 November 2016
sir so conversion is immaterial and if i lease the same to other person for say 100 years then i wont attract any capital gain?
Amol S Joglekar
(Expert)
24 November 2016
what are the conditions of 100 years lease deed?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- LLP audit and disclosure
- Capital gains in IT returns
- Form 144 TDS Return Validation error
- TDS- 2026-27 Q1 Correction
- Advances to related party
- Rent agreement of House of deceased person
- Form 144 TDS Return Validation Error – Mandatory Fields
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
