Tds liability on Sale of rural agriculture land
This query is : Resolved
04 September 2023
1..Will tds attracted on sale of rural agriculture land above 50 lakhs stamp
duty?
2.is there any need of transfer rural agriculture sale proceeds in capital gain account scheme ?
duty?
2.is there any need of transfer rural agriculture sale proceeds in capital gain account scheme ?
04 September 2023
1 No TDS applicable on agricultural land.
2 No need as rural agricultural land exempt from capital gains tax.
2 No need as rural agricultural land exempt from capital gains tax.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- 44AD VS 44AB AUDIT
- Correction in TDS return New Traces Portal
- Query Regarding Refund Adjustment Against Outstanding Demand
- Computation of Dividend
- TDS Return processing
- GST REGISTRATION REQUIRED TO DIAGNOSTIC UNIT
- GST Rate on Bakery Items registered under composition scheme
- Custom Morale Hat Patches UK
- TDS NOT YET CREDIED
- TDS on land property purchase Form-141 related query
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
