Tag Archives: Individual

Indian Government allows individuals and Hindu undivided families(HUF’s)to avail tax exemption on the sale and repurchase of some capital assets. Capital asset includes house, shares , ancestral property, agriculture land etc. The individual can claim tax exemption on that particular capital asset under certain provisions of the income tax act,1961. Of which we are discussingContinue reading “How To Avail Tax Exemption on The Sale Of Agriculture Land Under Section 54B”