CApital Gain

Others 469 views 1 replies

As we all know Rural Agricultural land in not a Capital Asset , so not taxable under Cap. Gain , then what is the treatment of income from sale of such an asset in the hands of a company ??

Thanks

Harshit

Replies (1)

Dear Harshit Malviya.......

Please see this link..................
 

/forum/sale-of-rural-agricultural-land-57436.asp


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