Capital gains,pgbp
This query is : Resolved
10 December 2019
A farmer converted his rural agricultural land in to plots & sold the plots to customers.
does it get taxable under heads pgbp (or) capital gains?
please quote relevant sections under which it get's taxable or not taxable & relevant case studies.
does it get taxable under heads pgbp (or) capital gains?
please quote relevant sections under which it get's taxable or not taxable & relevant case studies.
04 June 2020
It is taxable as Capital Gain.
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