I want to know that while determining urban areas for the purpose of finding capital gain on sale of agriculture land which mucipality limits are checked? city wise or district wise?
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Quick Summary
This discussion clarifies how to determine if agricultural land falls within an urban area for capital gains tax calculations. The key is to check if the land is within the jurisdiction of a municipality or cantonment board, regardless of its official name. Information on whether your land is classified as urban or rural can often be obtained from the local Patwari or by checking municipal tax records.
Agricultural land in India, not being land situate— [a] in any area which is comprised within the jurisdiction of a municipality [whether known as a municipality, municipal corporation, notified area committee, town area committee, town committee, or by any other name] or a cantonment board