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Business

Inherited agricultural land sale: When is it tax-free and what exemptions apply?

LiveMint - Money ·
Inherited agricultural land sale: When is it tax-free and what exemptions apply?

Tax on sale of inherited agricultural land: Section 54B, 54F and 54EC exemptions explained, reinvestment in residential property or farm land, ₹10 crore and ₹50 lakh exemption caps, capital gains tax at 12.5% or 20% with indexation for siblings selling jointly-inherited land

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