Capital gains exempt
B GKAMATAR (TAX CONSULTANT) (145 Points)
24 September 2021B GKAMATAR (TAX CONSULTANT) (145 Points)
24 September 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177123 Points)
Replied 24 September 2021
Check its aerial distance from any cantonment zone i.e from a any municipality, municipal corporation, notified area committee, town area committee, town committee for its rural status.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177123 Points)
Replied 24 September 2021
Roughly, it can be said that if the land is more than 8 km away from any town or municipal zone, it will be treated as Rural Agricultural land.
Excel Mastery Program