capital gain

75 views 1 replies
agriculture land sale ? but land get in inheritance? which sec under deduction claim to exempt?
Replies (1)

Sec 54B says that in case the gain arises from transfer of a capital asset being land use for agricultural purposes shall be exempt if such gain is utilised to invest in another agricultural land within 2 years from the date of such transfer. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register