Easy Office
LCI Learning

Agriculture land

This query is : Resolved 
Profile Image

Profile Image

(Querist)
27 April 2011 In my client Purchase agriculture Land in rural area and he transfer land within 2 years than Capital gain attract

any provision in income tax that agriculture land transfer within specific time
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
27 April 2011 since it is not a capital asset as defined u/s 2(14) no capital gains leviable.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess


Answer Query



Quick Links