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
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