File Income tax on capital gain from sale of agriculture land is exampted

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  1. Mihirbhai Patel

    Mihirbhai Patel New Member

    Hi,
    My father has sold agriculture land two years ago and he received the notice from income tax office to pay income tax on capital gain. my father is retired senior citizen and agriculture land was in rural area so it is tax exempted as located out of municipal limit.
    Can someone advise how do I file income tax of my father? How can I show to the income tax department that capital gain was accrued from land which is tax exempted?
    Regards,
    Mihir Patel
     
  2. Piyush Chawla

    Piyush Chawla Active Member

    Even if it was exempted from the levy of income tax - you were required to show it in the income tax return
     
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