regarding payment of taxes in long term capital gain

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  1. ishant246

    ishant246 New Member

    I earned from selling of plot of land held over 10 years , now since interest earned from selling rural agricultural land is non taxable. now there is a bit of confusion in understanding what exactly is a rural agricultural land. actually my land does not fall under any municipal or cantonment area and population is also below 10000(7939). so this capital gain by selling this land is taxable or not. please clarify ASAP.
     
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