Taxtation on gift of agricultural land
This query is : Resolved
26 July 2017
My elder brother want to gift me agricultural land.
can i liable to pay any tax in future on sale of this land..
plzzz help
plzzzz
can i liable to pay any tax in future on sale of this land..
plzzz help
plzzzz
26 July 2017
If same is rural agriculture land then no taxability arise.
18 October 2021
Even if urban agricultural land, gift from brother will not have any tax liability....
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