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Please give me information about agricultral land sale applicable to capital gain or not?

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Please give me information about agricultral land sale applicable to capital gain or not?

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  1. Yes, you will have capital gain. Read

    http://mytaxes.in/index.php?topic=30.0

    Sections applicable for capital gains treatment, read

    http://mytaxes.in/index.php?topic=31.0

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