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Sale of rural agricultural land

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(Querist)
28 August 2013 my father sale agricultural land in 2009 whethr my father should pay tax or not
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Ganeshbabu K

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Ganeshbabu K (Expert)
28 August 2013 No need to pay any tax on transfer of rural agricultural land as it is not a capital asset vide Section 2(14)

Hence no capital gain arise on transfer
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