dear sir,
I have sold a sale cum GPA to one person relating to Agriculture land
is it taxable under income tax act.
or Exempted as sale of Agriculture land..
please help in this regard.
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Reg: Taxability of sale of GPA
Replies (2)
Location of Agri land is determining factor for taxation. selling through General Power of Attorney GPA is ok.
can I consider it as Exemption
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