Comprehending Capital Gains on Land Transfers Per Income Tax Act Section 54B

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A brief overview of income tax section 54B, which excludes capital gains on agricultural land transfers. Find out how Section 54B of the Income Tax Act, 1961, with effect from Assessment Year 1970-71, exempts capital gains on land transfers used for agricultural purposes from income taxation. Know more details: https://blog.saginfotech.com/tax-section-54b-capital-gain-land-transfer

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