Agricultural Land in Sujanpur Classified as "Capital Asset" Under Income Tax Act Section 2(14), Subject to Capital Gains Tax.

Agricultural Land in Sujanpur Classified as "Capital Asset" Under Income Tax Act Section 2(14), Subject to Capital Gains Tax. https://www.taxtmi.com/highlights?id=15323 Agriculture land - capital asset u/s 2(14) - land is situated within the municipal limits of Municipal Council, Sujanpur – Therefore, the asset is ‘Capital Asset’ – Liable to be taxed as capital gains - HC en-us Sat, 26 Oct 2013 19:10:41 +0530 Sat, 26 Oct 2013 19:10:41 +0530 TaxTMI RSS Generator Agricultural Land in Sujanpur Classified as "Capital Asset" Under Income Tax Act Section 2(14), Subject to Capital Gains Tax. https://www.taxtmi.com/highlights?id=15323 Agriculture land - capital asset u/s 2(14) - land is situated within the municipal limits of Municipal Council, Sujanpur – Therefore, the asset is ‘Capital Asset’ – Liable to be taxed as capital gains - HC Highlights Income Tax Sat, 26 Oct 2013 19:10:41 +0530 https://www.taxtmi.com/highlights?id=15323