Results for #agricultural
Legal
#agricultural#land#sell#capital
My father owns an agricultural land which he purchased for INR 25,000 17 years ago. Some miners are interested in this land due to the presence of some ores. So, if I sell it for 50 lacs will I have to pay capital gains tax? If yes, how much?
My father owns an agricultural land which he purchased for INR 25,000 17 years ago. Some miners are interested in this land due to the presence of some ores. So, if I sell it for 50 lacs will I have to pay capital gains tax? If yes, how much?
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Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Question is vague, as it does not say whether you or your father desires to sell the plot. It would infact depend on when you got the property from your father.
Legal
#property#agricultural#land#rented#shop
We are a family of 6 brothers. Our total property comprises of 4 pieces of agricultural land. We have also rented 2 rooms and a shop. Kindly advice, at the time of distribution of the property among us should we also consider the rented property i.e. the 2 rooms and a shop?
We are a family of 6 brothers. Our total property comprises of 4 pieces of agricultural land. We have also rented 2 rooms and a shop. Kindly advice, at the time of distribution of the property among us should we also consider the rented property i.e. the 2 rooms and a shop?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
At the time of distribution of the properties, the rented properties can also be taken into account subject to the same being tenanted properties and not properties rented by way of leave and license agreement.
Legal
#will#property#share#promised#agricultural
Firstly, can a will be broken? What needs to be the case, if it can be broken? Secondly, my wife's grandfather had a property and he made a will which stated that the property should be shared only between 2 children out of the 5. He promised agricultural lands to the other 3 children. But the will states that the three children will receive a sum of one lakh rupees from the 2 children who got the property. Now, one of them has claimed the money. Are there any chances that the other two would ask for equal share in the property?
Firstly, can a will be broken? What needs to be the case, if it can be broken? Secondly, my wife's grandfather had a property and he made a will which stated that the property should be shared only between 2 children out of the 5. He promised agricultural lands to the other 3 children. But the will states that the three children will receive a sum of one lakh rupees from the 2 children who got the property. Now, one of them has claimed the money. Are there any chances that the other two would ask for equal share in the property?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
The question is vague. However, a testator can change his will as many times as he wants and only the last will made by the testator will have any relevance.
Legal
#inherited#agricultural#land#rented#tenant
Shyam's father inherited agricultural land in Patna. His father passed away in 2005. The land was then rented out by Patna court to a tenant under the "Kul kayda". The agricultural title is in his father's name but the local Talathi says that since he and his siblings didn't bother to check the land since his father's death, the land will go the tenant. He wants to know that what does the Law says.
Shyam's father inherited agricultural land in Patna. His father passed away in 2005. The land was then rented out by Patna court to a tenant under the "Kul kayda". The agricultural title is in his father's name but the local Talathi says that since he and his siblings didn't bother to check the land since his father's death, the land will go the tenant. He wants to know that what does the Law says.
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
The title of the land will remain with the heirs of your father however, the tenant thereon will remain a protected tenant and you will not be able to sell the property without the consent of such tenant.
Legal
#agricultural#builder#deal
I am a farmer and I have an agricultural plot of area 5445 sq.ft. I gave this plot to a builder on the deal of getting 45% share for me. After that the builder made another deal for a plot that is behind my plot. That plot doesn't have a direct entrance to the road. Can I object under the terms of not letting them build on a plot along with my plot?
I am a farmer and I have an agricultural plot of area 5445 sq.ft. I gave this plot to a builder on the deal of getting 45% share for me. After that the builder made another deal for a plot that is behind my plot. That plot doesn't have a direct entrance to the road. Can I object under the terms of not letting them build on a plot along with my plot?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
It would all depend on the terms of the agreement executed between you and the builder, however if you have agreed to revenue share in the development of the plot, then merely because the developer is building the adjoining plot also the same would not affect your share from the transaction.
Legal
#agricultural#property#inherited#documents
The route that goes towards the agricultural property that my mother inherited by her parents has been blocked by my grandfather's cousin by building a wall on the route. We have been using the same route to enter our field for over 100 years now. Please suggest what we can possibly do as we do not have proper documents for the same.
The route that goes towards the agricultural property that my mother inherited by her parents has been blocked by my grandfather's cousin by building a wall on the route. We have been using the same route to enter our field for over 100 years now. Please suggest what we can possibly do as we do not have proper documents for the same.
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
You can file a suit for claiming right of way to your property and also claim easamentary rights qua the right of way. You would have to say that we having been using the right of way all along.
Regulations
#property#builder#land#agricultural#residential
We purchased a property from a builder, he sold it to is saying that the land is converted from agricultural land to residential land. We found out later that the layout is on gram panchayat limits after the purchase. We haven't gotten an individual property identification number and our land his neither been bifurcated, the builder is giving vague reasons. Will this be a problem for us?
We purchased a property from a builder, he sold it to is saying that the land is converted from agricultural land to residential land. We found out later that the layout is on gram panchayat limits after the purchase. We haven't gotten an individual property identification number and our land his neither been bifurcated, the builder is giving vague reasons. Will this be a problem for us?
Answered on November 08, 2017
The Non agriculture Procedure has been simplified in 2017. However Grampanchayat approval has no meaning as Grampanchayat act of 1958 has been superceded by the MRTP act 1966 whrein the powers to grant permission is of the Collector/ Town planing Department and merely grampanchayat approval Constructions area. Violation and Illegal. Also Grampanchayat members are not Technically Qualified and M...
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