Exemption of plot situated in rural area

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....xemption of plot situated in rural area<br> Query (Issue) Started By: - Jasbir Uppal Dated:- 29-8-2019 Last Reply Date:- 4-9-2019 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear professionals, Can we....

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.... avail the exemption on sale of land which is situated within 15Kms from the jurisdiction of the Municipality and the nature of property in the revenue record as &quot;BHED&quot;(a land which can&#39;....

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....t be used for agricultural purposes and commercially/residential)? If any legal pronouncements/case laws kindly mention. Thanks & Regards J S Uppal Reply By Neekita Jindal: The Reply: Hello Sir....

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.... There is no tax on sale of a rural agricultrural land. It should be situated beyond 8 kms from the municipality. Kindly confirm whether your land fall in the given criteria.<br> Discussion Forum - K....

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....nowledge Sharing ....