Capital Gain

[Manjeet Singh]

Hi,

I want to know that if somebody sells 4 agricultre plots after poltting then how can he save the capital gain .

He has purchased 2 plot one is for residential plot and one is agricultre plot .

Thanks

AI Summary

Chartered accountant advises detailed case study for capital gains tax savings on subdivided agricultural plots and new purchases. An individual inquired about saving capital gains tax after selling four agricultural plots that were divided into smaller plots. The individual also purchased two plots, one residential and one agricultural. A respondent, a chartered accountant, advised that a thorough case study of the specific facts and circumstances is necessary to provide an accurate solution.