Agriculture land

YAGNESH HASMUKH DAVE (Querist) 10 November 2014 This query is : Resolved
i am having agriculture land which is situated within 3km to 4km from grampanchayat office and population of village is 5000/-

The said land i am selling whether capital gain tax atttracts on sale of said land or exempted pl explain

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Suhail A.Siddiqui (Expert) 11 November 2014
Consult to tax adviser apparently it is not taxable.

T. Kalaiselvan, Advocate (Expert) 16 November 2014
You may consult a local consultant for proper advise on the subject which will be advised as per local land laws.

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