Capital gain exemptions

MAMTA (Student) (97 Points)

26 July 2018  

Dear Experts,

Which are the exemptions applicable like section 54/54B/54EC/54F in case of capital gain arise on sale of inherited agriculture land?

Does the whole sale amount will be treated as capital gain, as record for puchase of land in not available with seller because land was purchased by seller's father 60-70 years ago. Please Guide.

Thanks in advance.