sale of agriculture land
nagaraj kadlaskar (79 Points)
11 September 2018
what is the suggestion for sale of agriculture land for a lesser amount than the amount prescribed by sub registrar.
1 Replies
CA Raj Doshi
(Practising CA)
(8939 Points)
Replied 11 September 2018
If it is not a rural agricultural land , then sell on or above the stamp duty valuation for adequate tax payment. Also use FMV As on 01/04/2001 while computing capital gains.
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