capital gain
ROHIT (PARTNER) (57 Points)
23 October 2018
agriculture land sale ? but land get in inheritance? which sec under deduction claim to exempt?
1 Replies
CA Rakesh Joshi
(Chartered Accountant )
(1272 Points)
Replied 23 October 2018
Sec 54B says that in case the gain arises from transfer of a capital asset being land use for agricultural purposes shall be exempt if such gain is utilised to invest in another agricultural land within 2 years from the date of such transfer.
Recent Topics
- Workmen compensation insurance policy
- GST Revenue at All-Time High – A Genuine Gro
- TDS ON PURCHASE OF PROPERTY BY FIRM
- Gst missing invoice in return
- Discuss and Download CA Inter Question Paper May 2
- Discuss and Download CA Final Question Paper May 2
- ISSUES ON TDS AMOUNT ON PAYMENT OF LAST INSTALLMEN
- Looking for Help with Business Registration
- Two Buyers and One Seller - 1% TDS to be deducted
- How to Proceed with withdrawl of appeal filed with
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
