Sale of agricultural land
This query is : Resolved
Swathi Raju JB
(Querist)
25 June 2015
Hi.
Is long term sale of agricultural land taxable??
CA R SEETHARAMAN
(Expert)
27 June 2015
In case sale of rural agricultural land situated aerially 8 kms away from municipal limits not taxable.
Soumitra Basu
(Expert)
30 June 2015
THE DEFINITION OF AGRICULTURAL LAND HAS BEEN CHANGED.
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