TMI BlogExemption of plot situated in rural areaX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 la ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd which can't be used for agricultural purposes and commercially/residential)? If any legal pronouncements/case laws kindly mention. Thanks Regards J S Uppal - Reply By Neekita Jindal - T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Reply = 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. - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Exemption of plot situated in rural area - Query Started By: - Jasbir Uppal Dated:- 29-8-2019 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ersonal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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