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Sale of agricultutal land taxation

This query is : Resolved 

Assessee purchased agricultural land of 1 acre in 2018 and sold in 2019 for 40 purchasers in small guntas agri land is in rural area. Explain the taxability of income on sale of agricultutal land


SHORT TERM CAPITAL GAIN IS APPLICABLE

Sir could u explain the rate of tax and exemption that can b claimed for shortterm capital gain


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