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Capital gain exemption

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(Querist)
28 December 2013 dear sir / medam,
please clear my doubts about following sections.
1. I sold my land in 2013-14 and got capital gain of 80 lakh .can i get the exemption for following matter.
A. can i treat it as agriculture land and get exemption for that as rural agriculture land .
B. can i avail benefit of section 54b if i acquire another agriculture land within the 2 years of transfer?
please clear one more thing that is how could i prove that its used by me for agriculture purpose from last two years of transfer.
please clear these doubts .
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
28 December 2013 1. Only if concerned municipal authorities certifies it else no.

2.Yes if u had paid agriculture related forms and applicable yearly fees to concerned auhtorities and u need to prove that you used it for agriculture purpose.
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