Capital gains
This query is : Resolved
Abhishekkumar
(Querist)
17 June 2017
I have done a deal to sale my land in FY 2016-17 and part of payment received in 16-17 and rest are still pending to be received and transfer of property is still pending. Land is an agricultural land. Please suggest about tax impact on payment recived in FY 2016-17
Nikhil Kaushik
(Expert)
17 June 2017
if the land is agricultural land, then there is no taxibility anyway. so there should not be any tax impact.
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