Section 54b capital gain
trishup (St Xaviers kolkata and aspiring CA CS) (174 Points)
29 January 2016trishup (St Xaviers kolkata and aspiring CA CS) (174 Points)
29 January 2016
CA VIRAL SANGHVI
(Finance head)
(681 Points)
Replied 30 January 2016
Yes, your earlier exemption is withdrawan and you have to pay capital gain which is earned by selling urban agriculture land.
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