Can some one Please Clarify.
1. Is it correct no CGT and no TDS is applicable in sale of rural agricultural land in Punjab
2. How do you show in IT return that no CGT and TDS is applicable - forms and process?
3. How and where do you get a certificate to show no Tax liability for the above? I need the certificate for bank purposes. what is the process and forms?
4. is there a expedited process for 1,2, and 3 and what is it?
Thanking all replies in anticipation