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SALE OF LAND purchase value if ancestral property

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(Querist)
28 January 2022 Sir one of my client's mother(62 years) got share of agriculture land from her father's ancestral property in 1987 Now last year she sold that share in small plots which can't be treated as agriculture and the value approximately 1cr. Nature of land has not been changed.
Please advise how can save tax and what will be its purchase value CG purpose
regards
Vikas
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
28 January 2022 For purchase value circle rate of the land as on 01.04.2001 should be taken.
For saving LTCG, she can take advantage of exemption u/s. 54EC & sec. 54F of IT act.
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