Sale of Agricultural Land

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..... Dear Sirs, Please clarify on the following issue: I purchased dry agricultural land at Janwada Village, Ramchandra Puram Mandal, Medak Dist in the year 2005, in my company name. My Company's main .....

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..... objects are to construct the villas, develop the plots etc., But, the Government of Andhra Pradesh had declared the area of Janwada under 111 G.O. As per 111 G.O. the constructions are not allowed .....

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..... in the land. Subsequently, I carried out the agricultural activity in the said land from last 3 years. In the Financial Year 2012-13, we sold the said land. Kindly let me know the profit on sal .....

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..... e of agricultural land attracts tax or not? - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Whether you have got clarified in the above said issue? If not please inform. - Sale of Agricultural Lan .....

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..... d - Query Started By: - ajay kedia Dated:- 14-11-2013 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - .....

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..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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