Capital gain charged

This query is : Resolved 

14 January 2014 RESP SIR
MY FATHER SOLD THE AGRICULTURE LAND WHICH IS SITUATED IN THE MUNICIPAL AREA. ARE THE ABOVE PROPERTY ARE LIABLE UNDER CAPITAL GAIN HEAD.

14 January 2014 yes...it is chargeable to tax...

you can claim exemption by investing in accordance to 54B, 54EC, 54F



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