Tax

tax on agriculture land on sale tax on agriculture land on sale

3 years ago

do i have to pay taxes after i sell the agriculture land..if yes, how much

NITHYANANDAN SUNDARESAN

Responded 3 years ago

A.-Dear Client

1.Agricultural Income is exempted from Income Tax as Income Tax ACt, 1961.
2. I Advise to Consult a Tax Specialized lawyer or Chartered Accountant in this regard.

But Usually it is exempted from law.
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Kishan Dutt Kalaskar

Responded 3 years ago

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A.Dear Sir
There will be no taxes most of the agricultural produces Please check with charted accountant
If my above answer is helpful to you then please give me RANK FIVE {5}
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Pankaj Kumar Srivastava

Responded 3 years ago

A.HI It depends on size of the land.
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