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Regarding capital gain on agriculture land

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 March 2014 Sale of agg. land in f.y 2012-13 which is not the covered the notified area can exempt or taxable under the income tax act?
What Is the Capital Gain Section Applied on agg. Land.
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
13 March 2014 If the agricultural land is situated under any Municipal limit then against sale of agricultural land you have to buy agricultural land to save Capital Gains and in case it is outside the Municipal area then no capital gains
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