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Sale of agricultural land

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(Querist)
25 June 2015 Hi. Is long term sale of agricultural land taxable??
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 June 2015 In case sale of rural agricultural land situated aerially 8 kms away from municipal limits not taxable.
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Soumitra Basu

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Soumitra Basu (Expert)
30 June 2015 THE DEFINITION OF AGRICULTURAL LAND HAS BEEN CHANGED.
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