Please Help: CAPITAL GAIN
Posted Date : 15-Jan-2013 , 07:57:54 pm | Posted By VIJAY CHOPRA
WHETHER CAPITAL SALE OF AGRICULTURE LAND IS EXEMPT IF WE PURCHASE THE AGRICULTURE LAND IN DELHI ?
Category : Income Tax | Answers : 1 | Comments : 0 | Hits : 90
Answers
Answer By: Ravi Sanguri
Yes, New Agricultural Land Should be purchased Either in Rural or in urban Area....But Plz refer the Conditions Specified the Sec. 54 B of I.T Act.
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