I have a residential land, one of my friend have agricultural land, both are almost same value. if I exchange the residential land still i need to pay capital gain tax?
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Capital gain effect
Replies (1)
First of all you can hold Agricultural Land provided you are agriculturist. Otherwise State Laws do not allow to buy Agri land.
So please clarify - are you an agriculturist ?
Based on your clarification, the rest query depends .
So please clarify - are you an agriculturist ?
Based on your clarification, the rest query depends .
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