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Agriculturall land

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2014 I HAVE SOLD MY AGRICULTURAL LAND IN INDIA AND I HAVE TO INVEST THIS MONEY IN FOREIGN RESIDENTIAL HOUSE....
WHAT ARE THE PROVISIONS FOR THIS? AND HOW CAN I SAVE TAX ON THIS?

25 August 2014 if u invest out of india then whole of capital gain is taxable...........

25 August 2014 If your land is rural agricultural land and exempted from income tax, you can invest in foreign residential house.




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