Income Tax on property selling

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    SALONY New Member

    Dear Sir,
    My Father sold land to a company 0.18 acre at only 2 lakhs. And at a deal of one job in that company. At that time my father not knowing of govt. Value of that part of land. Now Income tax deptt. Asking income tax on that transaction . and circle rate of that land is 44 lakh. Now the Situation is I hv to pay tax more than what my father got. He is illiterate and don't know abt it anything.
    What options I have.pls suggest.
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