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Q. Tax on agriculture land

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Pankaj Singh

posted 1 month ago

Q.Tax on agriculture land
We are selling an agriculture land and amount obtained will be used to build a house on a residential plot. Will the amount obtained from agriculture land be taxable or not?

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Kishan Dutt Kalaskar Retired Judge

Experience: 33 Year(s)

Responded 1 month ago

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A. ) Dear Sir,
Please consult any chartered accountant for accurate guidance.

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Pankaj Singh

Replied 1 month ago

Thank you sir.

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