Capital gains on transfer of agricultural land in rural area

If the agricultural land is situated in rural area (as per definition), then no CG is taxable on transfer of such land.

U can check the link to know whether in rural area or not: https://www.incometaxindia.gov.in/Pages/utilities/Agriculture-Land-in-Urban-area2014.aspx

The said land has been aquired by the housing board society..so dont u think it will become a commercial land?

And onky advance is received and not sale consideration.

I said so because it was mentioned as agricultural land in rural area. If we just go by treatment of transfer of agricultural land in rural area (leaving all other matters), then such gain would not be taxable. So can we not say that these are series of transfers between various parties and as the property is not covered under definition of capital asset, no CG is taxable?