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Sale of plot of land

This query is : Resolved 

03 September 2011 i have purchased a land before 3 years for Rs. 3,01,000. and it is seperated into various plots and now sold a plot for Rs. 127000. i want to know the tax saving methods. Whether the income can be taxed as Capital Gains / Business Income?

03 September 2011 Taxed under the head Capital Gain



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