Sale proceeds from agricultural land in rural areas
Partha Chattopadhyay
(Querist) 30 May 2018
This query is : Resolved
Sold out an agricultural land in rural area. It is not considered as capital gain. While filling up ITR2 for efiling I am at a loss to find where in OS (income from other sources) sheet I am to include the amount received and where in EI (exempted income) sheet I am to include this amount for exemption. Seeking advice.
Dr J C Vashista
(Expert) 01 June 2018
Consult your accountant/ CA/ Tax practitioner.