Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
RE:compensation for land acquired
by Amitabh on Apr 22, 2007 11:02 AM

yes,if the land is within the municipal area or within 8 kms therefrom,you will be liable for the capital gains tax,that will be compensation received less cost of acquisition.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
All these incomes are tax-free