Dear sir / Madam,
As per income tax act, sale of agricultural land more than 50lakhs value in rural area , attracted TDS or not . ( TDS 1% )
Awaiting rresponse
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Sale of agricultural land - tds attracted or not ?
Replies (4)
no but it's for other than agricultural land
no tds on sale of agricultural land.
As per 194IA, No TDS on trf of rural agri land.
no the agricultural income is not taxable
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