Income tax sec194la

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Ujjwal kumar (Querist)
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28 February 2017 Whether exemption u/s 194LA is for both rural agricultural land or urban agricultural land ?

Bhaskaran Chackrapani Warrier (Expert)
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28 February 2017 Yes, Inference - explanation (i) to section 194 LA.

Tony John (Expert)
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28 February 2017 Exemption is for bith urban and rural agricultural land

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