Tag Archives: Section 54B Income Tax

Income Tax Exemption to Capital Gains on Sale of Agriculture Land

By | June 15, 2018

EXEMPTION TO CAPITAL GAINS ON SALE/ TRANSFER OF AGRICULTURAL LAND [As amended by Finance Act, 2018] Introduction A farmer wants to shift his agricultural land for certain reason and hence he sold his old agricultural land and from the sale proceeds he purchased another agricultural land. In this case the objective of the seller was… Read More »