Tax on agricultural land
The land has approximately value of 90lakhs and it is divided in 6 people on selling the land do a individual come under any kind of taxation
Get Free Legal Advice from Top Expert Lawyers
100,000+ Legal Questions Answered
A.
Hi,
Agricultural income is defined under section 2(1A) of the Income Tax Act, 1961. Agricultural income is wholly exempt from tax provided that the individual's i) total agricultural income is less than Rs. 5,000 and ii) the total income, excluding agricultural income, is less than the basic exemption limit.
Please rate my answer
Thank You
Vidhikarya
Other Responses
Vidhikarya
Helpful
Share
Tax-Property Tax
Pending property tax from transferor(previous owner)
Hi All, I purchased my first flat in April 2019. I got the property tax receipt this month(July 2021) from corporation for the period October 2016 to 2020-2021. The pending tax was from October 201 ...
A.
Kya aap ke dawara flate lete time jo sale deed likha gya tha usme aisi koi baat likhi gai thi ki bakaya tax aap hi jama karega ya phir landlord jama karega.
Agar aisa likha hai ki bakaya tax land lord jama karega tab aap ek application vibhag ko sari baate likhte hue bheje ki is tax ko purane land lord se vashul kiya jae.
Jab aap property ko dekh rahe the tab aap ki duty thi ki aap uske baare me sahi jaankari prapt kare.
Phir bhi aap vibhag se contact kare or unko apni problems share kare ki
Vidhikarya
Other Responses
Helpful
Share
Tax-Property Tax
Property Tax in Pune
Are there any extra charges if property tax is not paid for 2-3 years
A.
Dear Sir,
Normally, there will be no extra charges if you do not pay tax for 2-3 years. But, be sure that you pay the tax every year regularly otherwise somebody else pay the tax on your behalf and may create some documents to falsely claim your property.
Rate me Five Star*
Other Responses
Vidhikarya
Vidhikarya
Vidhikarya
Helpful
Share
Tax-Property Tax
Is cash withdrawal for property purchase a problem?
if we need to withdraw our tax paid savings to purchase a house from our bank. so is there be any income tax concerns in it ? e.g property is worth 50 laks and I need to withdraw around 8-9 lakhs cash
A.
Dear Sir,
Property cannot be purchased by paying cash and it will create a problem in future. You may pay all the amounts by way of Bank transfer or through cheque otherwise you will get a problem at future date but there cannot be any problem instantly.
Rate me Five Star*
Other Responses
Helpful
Share
Tax-Property Tax
RTI Vs THE PROPERT TAX NOTICE
PROPERTY TAX NOTICE OF MORE THAN 5 YEARS
A.
Hi,
If you have doubts regarding the notice, you can file an RTI to know more about the same. You will get information for the same. If you found this helpful, please rate us.
Vidhikarya
Other Responses
Vidhikarya
Helpful
Share
Tax-Property Tax
Municipal corporation
I purchased an NA plot size 30*40 in the year 1985, but didn't entered it in municipality and there was no kjp at that time also. But Now I went to corporation to get my plot entered.. they are askin ...
A.
Hi,
You can approach the Court claiming that the development charges have no retrospective effect. We will need more details to give you other grounds of defence.
If you found this helpful, please rate us.
Vidhikarya
Other Responses
Vidhikarya
Helpful
Share
Tax-Property Tax
OBC Non Creamy Layer
I want to apply under OBC non creamy layer and want to know about my eligibility for the same. 1) Service Criteria My mother is a homemaker and my father became Class A Officer after the age of 40 y ...
A.
Hi,
In order to qualify as an OBC non-creamy layer candidate, the applicant’s parents’ annual income should be less than Rs. 8 lakhs. Salary and agricultural income are not to be considered as income for calculating annual income for creamy layer status.
Vidhikarya
Other Responses
Vidhikarya
Helpful
Share
Tax-Property Tax
Cidco transfer
Hello, Mr A sold a flat to Mr B in year 1994. Mr B sold the flat to Mr. C in 2000. Mr C died in 2011 and through will it was transferred to Mr. D. The name transfer to Mr D was done in 2011 and probat ...
A.
hello,
please provide more details on this issue to serve you. the facts are missing.
Vidhikarya
Other Responses
Vidhikarya
Helpful
Share
Tax-Property Tax
Property Tax
Dear Sir, I want to know how the municipality of odisha fix the holding tax a let out building having covered area 120.58 sqmt and total plot area is 566 sqmt. As per odisha current municipal act how ...
A.
Dear Sir
Please consult local lawyer or directly contact the concerned office .
Give me RANK FIVE (5) if my answer satisfies you
Other Responses
Vidhikarya
Helpful
Share
Tax-Property Tax
Tax to be paid to Govt on sale of agricultureal land
how much do i have to pay the govt in Karnatka once i sell the Agriculutal land...
A.
Hi,It depends on howmuch property you are going to sell.
Vidhikarya
Other Responses
Helpful
Share
Categories
- Administrative Law(2140)
- Admiralty and Maritime(34)
- Adoption(453)
- Advertising(142)
- Animal Laws(329)
- Anticipatory Bail(94)
- Arbitration and Mediation(332)
- Aviation(92)
- Banking(3517)
- Bankruptcy and Debt(1262)
- Cheque Bounce(1410)
- Child Custody(743)
- Civil(9614)
- Commercial(533)
- Consumer Protection(3017)
- Contracts and Agreements(2122)
- Corporate and Incorporation(599)
- Criminal(5661)
- Customs, Excise(263)
- Cyber Crime(2278)
- Cyber, Internet, Information Technology(1461)
- Debt and Lending Agreement(576)
- Debt Collection(1244)
- Divorce(6002)
- Divorce and Separation(1636)
- Documentation(1730)
- Domestic Violence(2642)
- Election Campaign and Political Laws(66)
- Employment and Labour(6992)
- Environment and Natural Resources(97)
- Equipment Finance and Leasing(22)
- Family(6652)
- Financial Markets and Services(580)
- Government Contracts(142)
- Human Rights(1537)
- Immigration(241)
- Industrial Laws(342)
- Insurance(498)
- Intellectual Property, Copyright, Patent, Trademark(275)
- International Laws(86)
- IT Contracts(319)
- Juvenile(94)
- Landlord and Tenant(2606)
- Licensing(150)
- Mail Fraud(168)
- Maternity(323)
- Media, Communication, Entertainment(63)
- Mergers and Acquisition(48)
- Military Laws(129)
- Motor Accident(549)
- Muslim Laws(284)
- Mutual Consent Divorce(82)
- Oil and Gas(20)
- Open Source Codes(10)
- Outsourcing Agreement/Laws(34)
- Partnership(235)
- Police Laws(317)
- Power of Attorney(375)
- Privacy(412)
- Property(14933)
- Real Estate(2483)
- Registration(715)
- RTI(467)
- Sale(249)
- Sale of Goods(175)
- Sex Crime(546)
- Sexual Harassment(9)
- Sexual Harassment at Workplace(291)
- Software License(10)
- Sports Law(22)
- Tax(256)
- Tax-GST(154)
- Tax-Income Tax(486)
- Tax-Property Tax(119)
- Telecommunication(76)
- Torts(77)
- Transportation(347)
- Trust and Society (NGO)(371)
- Will(676)
- Work Permits(129)
- Writ(471)
Share on
×