dear sir,
I have sold a sale cum GPA to one person relating to Agriculture land
is it taxable under income tax act.
or Exempted as sale of Agriculture land..
please help in this regard.
2 Replies
Kapadia Pravin
(17259 Points)
Replied 25 August 2019
Location of Agri land is determining factor for taxation. selling through General Power of Attorney GPA is ok.
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