Hi, all I am selling agricultural land which is located near the municipality what are the legal ways I can avoid taxes?
3 Replies
sabyasachi mukherjee
(27713 Points)
Replied 02 February 2022
There is a difference between near municipaliy and within the municipal limits and jurisdiction.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(184844 Points)
Replied 02 February 2022
You can take advantage of sec. 54B &/ Sec. 54EC &/or sec. 54F of IT act and save tax.
Nidhi
(Chief Accountant)
(3150 Points)
Replied 04 February 2022
You can claim exemption under sec. 54B & or Sec. 54EC & or sec. 54F of IT act to save tax
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