Poonawalla fincorps

Sale of buffalo

This query is : Resolved 
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(Querist)
16 October 2017 I am a farmer who owned 3 buffalo. I sold them for Rs. 2,10,000/-. I want to know whether the sale consideration is taxable as capital gain or exempt from tax.
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RAJA P M

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RAJA P M (Expert)
16 October 2017 It's exempt from Tax...

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