Sale of agriculture land

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UNDER WHICH SECTION GROSS RECEIPTS OF AGRCICULTURE LAND SOLD SHOULD BE SHOWN KINDLY COMMENT AND GUIDE

WHETHER WE NEED TO SHOW IT INCOME TAX  FILING OR NOT. IF YES UNDER WHICH SECTION AND UNDER WHICH HEAD

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For Rural Agricultural land, you may declare under 'Schedule EI'

But for Urban Agricultural land, Declare under 'Schedule CG'...... and determine tax laibility, if any..

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