Capital asset
Anshul dangi (practice) (72 Points)
23 March 2015
whether agricultural land can be purchased or sold in cash? and it is legal
3 Replies
Mihir
(Wealth Manager)
(5293 Points)
Replied 23 March 2015
Sale deed of agricultural land is required to be registered. So, the sale value given in the sale deed has to be in cheque, and the balance can be in cash.
Anshul dangi
(practice)
(72 Points)
Replied 24 March 2015
Thanks
But there is no such enabling provision in act?
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