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Capital gains

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 August 2016 A PERSON HAS INHERITED AGRICULTURE LAND FROM HIS FATHER. IT IS SITUATED AT VILLAGE IN UP.
IF HE SELL THE LAND EARNS PROFIT WHAT WOULD BE TAX LIABILITY

23 August 2016 Long term capital gain shall be computed and the tax shall be aid accordingly.


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