If I sell my land will I be taxed?

Gain from sale of non-agriculture land is taxable as capital gain. Gain from sale of agriculture land is taxable only if it is located within 8 kilometers from the urban limits.

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i am private limited company

Submitted by cabrijesh on Mon, 11/30/2009 - 14:03.

i am private limited company having paid up share capital of rs.100000/- and all sahres are subscribed by family members only. now i want to apply for ipo of share of limited compnay. can i do so?

capital gain

Submitted by cabrijesh on Mon, 11/30/2009 - 14:00.

i am managing director in private limited company. i want to sell my land to copanty for share of equilavent value. whether any capital gain will be chargeable.

capital gain tax on sale of Agriculture land

Submitted by India Tax User on Wed, 07/15/2009 - 05:12.

If I sold my agriculture land which is located within 8 km from village panchayet and the total population is morethan 10000 in that village The income ( sale price) will be used for following purpose :- a. part of amount will be used for Purchase of another agriculture land b. part of amount will be used for purchase of Rice mill ( rice manufacturing unit) c. part of amount will be used for construction of new building Please guide me whether I have to pay any capital gain tax for my above proposal