sale of Agriculture land
This query is : Resolved
15 September 2010
Respected Experts,
Pls. guidance on Taxability on sale of Ancestral Agriculture land under Income tax act.
Pls. give reply along with some example.
Pls. guidance on Taxability on sale of Ancestral Agriculture land under Income tax act.
Pls. give reply along with some example.
16 September 2010
tax can be calculated only when there would be sale. you can claim u/s 54 B.
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