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.
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