4 Replies to “If Long term capital gain is invested in agriculture land is there any tax have to pay?”



  1. Capital Gain on the Transfer of Agricultural Land (Section 54B):
    Capital gains arising on the transfer of land used by an individual or his parents for agricultural purposes for a period of two years immediately preceding the date of transfer is exempt form the tax if the individual assessee has purchased another agricultural land within a period of two years from the date of such transfer (subject to the requirements).

    HMT






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