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shaikh sajeed (Associate)     25 September 2021

Query on sale

If I sale a flat for Rs.42 lac and purchase an agricultural land,what will be capital gains tax?

 4 Replies

Dhirajlal Rambhia

Dhirajlal Rambhia (SEO Sai Gr. Hosp.)     25 September 2021

No capital gain tax saving when you purchase just agricultural land. Unless you also construct a residential house on it.

1 Like

Sourav (Student)     26 September 2021

Agree with above
1 Like
shaikh sajeed

shaikh sajeed (Associate)     26 September 2021

Thank you both of you
1 Like

Sourav (Student)     27 September 2021

Your welcome
1 Like

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