08 April 2014
As per the definition of Captal assets as given in section 2(14) certain assets are not treated as capital assets for e.g. agricultural land.
To save from capital gain tax let us know where an individual has to purchase an agricututal land.
08 April 2014
see the recent amendment for ay 2014-15,agricultural land should be in a rural area.. the definition of rural area has been amended by Finance act 2013
08 April 2014
see the recent amendment for ay 2014-15,agricultural land should be in a rural area.. the definition of rural area has been amended by Finance act 2013
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