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Meaning of acquisition of urban agriculture land, Income Tax |
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Meaning of acquisition of urban agriculture land |
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Exemption under section 10(37), meaning of acquisition of urban agriculture land acquired by Central Govt. or any other law Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
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under sec 10(37), meaning of acquisition of urban agriculture land acquired by CG or any other law is there is transfer of the agricultural land by way of the compulsory acquisition or the consideration for transfer is approved or determine by CG(not by a state govt.) or RBI and any capital gain arises after Mar 31,2004 is exempt from tax
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