my name is k.ratnakar my grandfather i.e my mothers father has a land of A.C 1.02 cents he has expired in 1980 and he did not purchase the land but he got it from his ancestors he has two sons and my mother and at present his wife my grand mother is alive so there was some problem in the land under ulc so we gave the land to development to a builder in september 2008 so i wnat to know my mother share in the land according to hindu sucession act 2005
i am indian having property ( agricultural land )gifted by my father....can i gift that property to any foreigner( not indian citizen)....if i gift him my property...will same laws apply to him as applicable to indian...i mean can i register on foreigner name that gift deed with the registrar...will he has the right to sell that gifted land and take the money without paying any additional taxes in future
what is capital gain tax...please explain...
Can NRI ( american citizen of indian origin ie,parents are indians) buy property( agricultural lands) in india...if he wants to buy ....what is the procedure....is it same as indian buying property in india..
if i want to take bank loan on property (land)...do i have to approach nearest bank to my property (land) or any bank other cities
Please explain me in detail:
1.what is encumbrance certificate ?
2.what is sale deed?
3. what is title deed?
thank u in advance
if i want to fixed deposit some amount of my money on a person who is a foreigner ( not citizen of india)...will he be elible to get that money after my life time..will our law accept foreigner to take that money without paying any tax...please advice in this case
what is capital gain tax
if i buy property from others will it apply to this case
when we need to pay this tax and how much ..please explain
i was adviced by one of the respected lawyers from this site not to sell my land instead take loan on my land...my problem is i am out of job for 6 months due to ill health and fine now...but lost my job...will banks give loan to me on my land(registered on my name) if i dont have job ...please advice
Could anyone explain me what is capital gain tax ....
what is capital gain tax...
if i sell a agricultural land gifted to me by my father ( it comes under town urban development authority)...shall i need to pay capital gain tax...