Agriculture land purchase

ready reckonar cost is 50 lac and pu purchase rate is 30 lakh. then how much tax pay in this condition to buyer and sailor.
Replies (11)
Quick Summary
This discussion clarifies the tax implications when purchasing agricultural land. It highlights that rural agricultural land is generally not subject to capital gains tax. The primary costs for the buyer will be stamp duty and registration charges, rather than income or capital gains tax.

How much is the sale consideration?
Seller sell in 30 lakh
What is the date of purchase and date of sale ?
Purchase karna hai
Are you talking about Tds on purchase of property or capital gain on sale ?
Capital gain and all taxes
land in rural area.
Are you seller or buyer?

Rural Agriculture land is not liable for capital gain
Seller
It's not liable for any tax and you just need to pay stamp duty and other registration charges
Ok thank u very much sir.
👍🏻👍🏻

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