I want to sell my grand father property gifted to me by my father.
It is an agricultural land of 5 acres.each acre market price is 5 lakhs...dont know whats the government price for that.
My queries are:
1.if i sell that agricultural land and take cash from that buyer...shall i need to pay any tax to government ....coz i want to fixed deposit that amount in bank.
2.what is capital gain tax...is that applicable to my case
3.my land is 5 acres and each acre is 5 laks ..means total 5x5=25 lacs ...buyer is telling that he will give 10 lacs on DD and rest as cash (black money)....is it ok to accept like that...if so how to manage that money from tax eviction...please guide
Sir
I Have an apartment in 2nd floor and having severe seepage coming from the bathroom of the thirdfloor. The water literally dipping in my door. Since the matter was urgent i repaired the third floor apartment's bathroom,completely replacing the tiles etc., the cost came to Rs.27000. now the third floor people are not ready to bear a single paise for that. what is our remedy?
Hi
can anyone tell me how to write a will...
how much money i need to spend to write a will...shall i have to register that will...do i need lawyer assistence for writing a will....what will be the format to write a will...
please advice
My parents are seperated from me for 5 years...we just talk occsionally...my parents have self aquired property...and also ancestral property ...but they are holding all property.I dont whether they will give me their self aquired property but i have a share in ancestral property.
we are 2 sons to my parents...
i am living alone and away from my parents for 5 years...
i am raising my friend's daughter as my own daughter....not legally adopted...but staying with me all the time..i am givng her education and food etc..i dont have any property for myself to give it to her .
My health is not good...if anything happens to me i dont want that kid to leave like that...as a token of affection i want to give my property ( if i get from my parents ) to her...even my parents know that i am raising her as my daughter.
My question is:
1.I know she is not legal hier to my property which i get legally( ancestral property)...can i write a will for myself..that incase something happens to me she should get whatever i suppose to get from my parents...
2.my parents still did not give my ancestral property....but can i write a will for myself telling them that my ancestral property should get to my adopted daughter...
please advice..
Dear Sir,
We have shop with my uncle as coowner
and he has been receiving rent for past
10 yrs as he is a senior member in our family.I sent a letter and afterwards legal notice to the tenant in the year 2006 to give my share to me directly and but it is no vain.
so, I filed a eviction suit against him,made my uncle as a party
and still he is forwarding the
Rent payment to my uncle.
My uncle has not come to court to for chief and cross examination.
Now, this is pending for argument.
Could you please provide citation judgement?
how to sell my property.....
i have an agricultural land...and i want to sell that and deposit that money in bank as Fixed deposit on my daughter's name.
what taxes i need to pay to the govt if i sell that agricultural land and how much..( i am from andhra pradesh)
if i want to sell my land...how to sell that land and whom to approach and what is the procedure to sell the agricultural land ...how to find buyer's ...shall i need to approach any local real estate agent ...please guide..