Capital gain query

Bhavesh if agricultural land then no capital gain will be there ( subject to it is cultivated regularly for 2 years and should be 8 km far from local muncipal limits) secondly if you transfer it as stock in trade than pgbp income will be taxable and no capital gain will be there. ( as land was for agricultural use). The opinion on changing capital good to stock in trade,taxability may change. Regards