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treatment of sale of rural agriculture land in itr

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PRACTICE
39 Points Posted on 08 August 2019
as rural agriculture land is not a capital asset so there is no capital gain arise on their sale. Reciept from its sale is capital reciept which has no tax treatment. So my query is how to show/disclose reciept from sale of rural agriculture land in income tax return?
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On 08 August 2019 at 12:49 Report
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SEO Sai Gr. Hosp.
211596 Points Posted on 08 August 2019

You can declare it under schedule EI.

581 Reply
On 08 August 2019 at 13:25
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17264 Points Posted on 11 August 2019
File ITR 2 and show under EI schedule
101 Reply
On 11 August 2019 at 11:29
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7059 Points Posted on 11 August 2019
good clarification and information
33 Reply
On 11 August 2019 at 14:01
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1
25 Points Posted on 21 August 2019
if an assesse is having both business and capital gain he/she should file itr 3, under which Line we have to show gain from sale of rural agricultural land in ITR 3
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On 21 August 2019 at 21:16
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Accountant
119 Points Posted on 22 August 2019
whether your agriculture land was in ruler area or urban?
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On 22 August 2019 at 10:57


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