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how to save capital gain tax on sale of agricuture land

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(Querist)
24 December 2009 If a person sells agricuture land for Rs.4200000 which was purchased by him in 1990 for Rs. 2000000 how he can CG tax
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CA Sanjeev Kr Jain

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CA Sanjeev Kr Jain (Expert)
25 December 2009 check 2(14)
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CA H M JOHARI

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CA H M JOHARI (Expert)
26 December 2009 If it is Agricuture land under section 2(14)than there is no TAx liabilities.
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