Capital gain liability
This query is : Resolved
30 October 2010
The assessee sold his ancestrial agricultural land after conversion of land use & land development from agriculture to residential purpose.in that case can assessee claim exemption on sale of agriculture land or the tax liability.
sold during the year 2009-10
acqtuired by way of ancestrial land
sold during the year 2009-10
acqtuired by way of ancestrial land
08 November 2010
NO HE CAN'T TAKE THAT BENEFIT.
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