tax information

Taxability of agriculture land depends whether such land ia located in rural area or not.

If land is located in rural area, then, there will not be any tax liability on transfer.

if such land is not located in rural area, then , gain on transfer shall be taxable either as long term capital gain or short term capital gain depending upon period for which land was held before the date of transfer.

Thanks it's rural agricultural land ,kindly tell where to mention it in ITR