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Development of AGRI FARM HOUSE and capital gain

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(Querist)
06 January 2011 Converting Agri land to Agri farm house for different parties with commen amminities- wheather it is a agri land or House property - wheather capital gain will arise or not.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
09 January 2011 Agri firm is not a house property.

Capital gain will no apply.

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