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Issue ID: 111790
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measurement of distance from municipal area for sale of agriculture land

Date 17 Apr 2017
Replies 0 Replies
Views 779 Views
Measurement of distance from municipal area affects agricultural land classification and resulting income tax treatment on sale.
The operative question asks how to determine whether agricultural land sold at Bhondsi, near Gurgaon and Sohana, is within eight kilometres of a municipal or contiguous board area for income tax classification and consequent tax treatment in the relevant financial year. (AI Summary)

somebody had sold an agricultural land at Bhondsi it is nearby Gurgaon & sohana dist.it is matter of Financial Year 2009--10.How we come to know whether it is within 8 km. of municipal / cont. board or not

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