we knowthat sale of agriculture land beyond 8km from municipal limits as spicified in the central govt gazette ,there is no capital gains.
i want clarifications on the above statement
1 )where can weget the municipal limits areas in the central govt gazette
Clarification Provided on Capital Gains Tax Exemption for Agricultural Land Sale Beyond 8 km from Municipal Limits A query was raised regarding the capital gains tax exemption on the sale of agricultural land located beyond 8 kilometers from municipal limits, as specified by the central government gazette. The individual sought clarification on where to find the municipal limits in the gazette. A response was provided, directing the individual to a specific online link for detailed information. (AI Summary)