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Exemption of plot situated in rural area, Income Tax

Issue Id: - 115372
Dated: 29-8-2019
By:- Jasbir Uppal

Exemption of plot situated in rural area


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Dear professionals,

Can we 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 "BHED"(a land which can't be used for agricultural purposes and commercially/residential)?

If any legal pronouncements/case laws kindly mention.

Thanks & Regards

J S Uppal

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 4-9-2019
By:- Neekita Jindal

Hello Sir

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.


Page: 1

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