Is there income tax on sale of agricultural land
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 June 2012
We had received an Agricultural Land from my Grandfather in 1977. We have now sold that land. We do not intend to buy Capital Bond or Invest in Buying another property. Is there any Long Term Capital Tax in such a transaction.
Please help
Please help
Ca Anand Dubey
(Expert)
07 June 2012
Capital gain tax apply depending upon the location of land
C.A Anshul Singhal
(Expert)
07 June 2012
capital Gain Exempt on agricultural Land Which Is define In income tax
C.A Anshul Singhal
(Expert)
07 June 2012
capital Gain Exempt on agricultural Land Which Is define In income tax
Agricultural Land define income tax
Agricultural Land define income tax
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