gain on capital assets
manmohan baheti (student) (112 Points)
22 July 2018
what about gain on sale of rural agriculture land which is not a capital assets, will it be agricultural income
3 Replies
saurabh sawlani
(2191 Points)
Replied 22 July 2018
capital gain is exempt on sale of agriculture land situated in india u/s 2(14)
manmohan baheti
(student)
(112 Points)
Replied 22 July 2018
will it be agricultural income or exempt income
saurabh sawlani
(2191 Points)
Replied 22 July 2018
No head shall be chargeable if u sold rural agriculture land so it's exempted
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