3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195640 Points)
Replied 10 July 2018
No tax liability.........
Anjali P Nair
(ACA,ACMA)
(582 Points)
Replied 10 July 2018
Agricultural land is not a capital asset and so there is no capital gain and not taxable.
RAJA P M
("Do the Right Thing...!!!")
(128111 Points)
Replied 10 July 2018
Yes... Sale of Agricultural land not taxable.
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