Sale of Agriculture land

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 July 2011 Is Capital Gain Attract on Sale of Agriculture land.
If Yes, than in which section we can claim deduction.

15 July 2011 CAP GAIN ON AG LAND IS NOT ALWAYS TAXABLE
IF THE LAND FALLS WITHIN THE SCOPE OF SECTION 2(14)(III)(A)/B THEN CAP GIAN IS TAXABLE OTHERWISE NOT

CA MANOJ GUPTA
JODHPUR
09828510543



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