Income - Tax
This query is : Resolved
14 February 2011
Hi,Friends,
Is any tax liability accured, if the agriculture land is sold out in the year 2011, Nr. bavla. worth Rs.75 Lacs.
Dt. of Purchase is not possible because its a ancent Land.
Is any tax liability accured, if the agriculture land is sold out in the year 2011, Nr. bavla. worth Rs.75 Lacs.
Dt. of Purchase is not possible because its a ancent Land.
14 February 2011
No tax on sale of agriculture land.
06 November 2021
Being urban agricultural land, capital gain tax liability arises.
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