Ltcg

This query is : Resolved

Ramprasad G Shetty (Querist)
Follow

13 May 2014 Whether tree's situated in a agricultural land is treated as agricultural land for the purpose of Capital gain calculation, when these are compulsorily acquired by the NHAI.

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

13 May 2014 tree situated on any land are never considered as land..if you are doing agriculture activity on the land, it is agriculture land. else it is not.

Ramprasad G Shetty

Ramprasad G Shetty (Querist)
Follow

14 May 2014 1.What is meant by agricultural activity?
2.Is cultivation of Palm oil trees & coconut trees is treated as agricultural activity or not,
3.How to treat compensation received for these trees for LTCG purpose

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SARAVANAN PALANISAMY

GST Karimnagar state

Darshan

Krishnamohan Gangaraju

CA Bijo scaria

Subscribe Now

Ltcg

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA