Mr A is resident of Canada has inherited agriculture land in Punjab and residential house. In Fy 2026-27 he stays more than 182 days in India and has no business or employment in Canada. Only pension he gets from Canada Govt. Whether he can purchase agri land in FY 2027-28, if intends to stay in India and do Agri work.
nri purchase of Agri Land in punjab
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FEMA residency determines whether an overseas Indian can purchase agricultural land, not income-tax residence alone.
A Canadian citizen who has inherited agricultural land and a residential house in Punjab may become resident in India for income-tax purposes if the statutory conditions are met, but that status is separate from FEMA residence. For purchase of agricultural land, the decisive issue is whether the person is a person resident in India under FEMA on the date of acquisition. NRIs and OCIs are generally barred from purchasing agricultural land, while a person who has effectively relocated to India and become resident under FEMA may purchase such land subject to State land laws and local compliance requirements. (AI Summary)
A Canadian citizen who has inherited agricultural land and a residential house in Punjab may become resident in India for income-tax purposes if the statutory conditions are met, but that status is separate from FEMA residence. For purchase of agricultural land, the decisive issue is whether the person is a person resident in India under FEMA on the date of acquisition. NRIs and OCIs are generally barred from purchasing agricultural land, while a person who has effectively relocated to India and become resident under FEMA may purchase such land subject to State land laws and local compliance requirements. (AI Summary)
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