Rural agriculture land

This query is : Resolved 

01 June 2016 sale of rural agriculture land is exempt under which section??

02 June 2016 rural agricultural land is not a capital asset as per section 2(14) Hence no question of capital gain tax arises on its transfer

02 June 2016 Section 10(37) WILL EXEMPT THE GAIN

04 June 2016 thnxxxx allll for replying.,.,.,


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