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    <title>nri purchase of Agri Land in punjab</title>
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    <description>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.</description>
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    <pubDate>Sun, 21 Jun 2026 19:12:15 +0530</pubDate>
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      <link>https://www.taxtmi.com/forum/issue?id=120967</link>
      <description>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.</description>
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      <pubDate>Sun, 21 Jun 2026 19:12:15 +0530</pubDate>
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