Income tax on proceeds on sale of agricultural lands

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..... Income tax on proceeds on sale of agricultural lands
Query (Issue) Started By: - Srivatsan Krishnamachari Dated:- 5-9-2014 Last Reply Date:- 31-12-2015 Income Tax
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Income Tax
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..... ear Learned Friends, Kindly clarify the following query. As far as I know, sale proceeds received by an Individual on selling agricultural lands are not to be taxed if such lands are situated at more .....

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..... than 8 kilo meters from a Municipality having a population of not more than 10,000.It seems there are some changes in respect of the distance and population, brought forth in the recent budget 2014. .....

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..... I hear from some quarters that the distance to be considered is distance by Air and not by road. I will be much obliged if I get this clarified. Regards, KS Reply By MARIAPPAN GOVINDARAJAN: The Re .....

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..... ply: Whether you have got clarified in the above issue? If not please inform.
Discussion Forum - Knowledge Sharing .....

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