Query on sale
shaikh sajeed (Associate) (150 Points)
25 September 2021
If I sale a flat for Rs.42 lac and purchase an agricultural land,what will be capital gains tax?
shaikh sajeed (Associate) (150 Points)
25 September 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 25 September 2021
No capital gain tax saving when you purchase just agricultural land. Unless you also construct a residential house on it.
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