Tds on sale of agricultural land

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3 Points Posted on 05 November 2020
sale of agricultural land is exempt from income tax
is it required to pay tds on sale proceeds of agricultural land by NRI
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On 05 November 2020 at 17:20 Report
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The sale of agricultural land is generally exempt from income tax. However, this discussion clarifies that TDS (Tax Deducted at Source) is not typically required on the sale proceeds of agricultural land, even for NRIs. The exception is when the sale value exceeds £50 lakh, at which point TDS considerations may apply.

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students
61 Points Posted on 05 November 2020
NO TDS IS REQUIRED IN CASE OF AGRICULTURAL LAND
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On 05 November 2020 at 19:31
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2 Points Posted on 25 December 2020

Sale of agriculture land above then 50  lakh that time wta to do

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On 25 December 2020 at 11:44

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