I sold my agriculture land in F.Y 18-19 which is outside NAC and my Pacca house built on it. I used the house for residential purpose. Will I have to pay any capital gain tax?
Agricultural land cannot be used for residential purposes. You cannot construct a house on agricultural land to live in, although the land may be owned by you
To mention pacca house in the agreement will have impact on Agri Land status
CAclubindia
