whether exemption u/s 54B (by purchasing an agricultural land) would be available in capital gain arising from sale of Urban Land(not Agricultural land) means Plot sale.
Pl hlep
whether exemption u/s 54B (by purchasing an agricultural land) would be available in capital gain arising from sale of Urban Land(not Agricultural land) means Plot sale.
Pl hlep
No.
Only u/s. 54F &/or sec. 54EC of the act...
Thanks to Rambhia ji and Mukherjee ji
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
Shyam Joshi & Associates
Pune
B.Com
View Details
SSGS and Associates
Chennai
CA Inter
View Details
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
CAclubindia
