Purchase or acqusition of agricultural or Industrial Land

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....urchase or acqusition of agricultural or Industrial Land<br> Query (Issue) Started By: - SANJAY BAHETI Dated:- 15-11-2014 Last Reply Date:- 15-1-2016 Income Tax<br>Got 1 Reply<br>Income Tax<br>One of ....

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....my client being a HUF resident of Ahmedabad in Gujarat. He is regular IT Assesse.The sources of income are FDR Interest and Commission Income. Now He wants to purchase/acquire an Agricultural land/I....

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....ndustrial Land in the name of HUF in Gujarat i.e. near by Ahmedabad. whether he can do or not as per law or Act. The basis purpose is to make a rent agreement in future with any Male Individual me....

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....mber for giving such land on rent for setting up a manufacturing project after conversion in non agricultural so that rental income will arise to HUF as source of income under House Property Head. P....

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....lease reply with reason whether this can be possible as per law or Act or not particularly in Gujarat State. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you have got clarified in the above ....

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....issue? If not please inform.<br> Discussion Forum - Knowledge Sharing ....