Capital gain tax

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Anil (Querist)
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25 February 2019 Hi,

One of my uncle purchased the agriculture land 6 acer for Rs. 14 lakhs 12 years ago and recently he sold the same land for 3crore. is he liable to pay any capital gain or any other tax on it.

Shobhit Jain

Shobhit Jain (Expert)
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25 February 2019 No capital gains on agricultural land

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