Dear All
my uncle sale RURUAL AGRICULTURAL LAND in December 2013 but these agricultural land hence no capital gain tax
stiill now all money are his bank account no any property purchase even 3 yrs complete from date of sale there is liable to pay capital gain
".......but these agricultural land hence no capital gain tax"
& "........3 yrs complete from date of sale there is liable to pay capital gain"
Don't you think you have already replied your query!!!!!!!
I confirm, No tax liability.
CAclubindia
