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CA Inter doubt

If a company sells agriculture land what are its tax implications???

Asked by Deeksha9 Feb 2024700 views

3 answers

  1. Purvi · 9 Feb 2024

    If situated in rural area -exempt.....Urban area -Taxable under capital gain

  2. Aryan · 9 Feb 2024

    If the land is exist in India, then no tax is levied on it..

  3. Aryan · 9 Feb 2024

    It's depending upon where the land is exist...(in India or outside)

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