Purchase of Agricultural Land in Karnataka

Ravindra R Kondebettu (Querist) 08 March 2010 This query is : Resolved
Dear Sirs,
I am a non-agriculturist having Rs.2.5 Lakhs income Per annum from pension, interest and business and I reside in Chikodi a taulka place in Karnataka.I am also a Income Tax payee/assessee from the past 20 years.
Kindly highlight me whether can I purchase an agricultural land in my place legally? If yes please furnish me the present provisions and oblige.
Ravindra R Kondebettu.
08.03.2010

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A V Vishal (Expert) 09 March 2010
No you are ineligible to purchase an agricultural land.

adv. rajeev ( rajoo ) (Expert) 09 March 2010
You income is more than 2.00 lakhs so you are not eligible to purchase an agrl., land u/s 79(b) of KLR Act.

Raj Kumar Makkad (Expert) 09 March 2010
I do agree with my learned expert brothers.

Kumar Thadhani (Expert) 09 March 2010
Sir I do not know aboutKLR Act but according to INCOMETAX if you have source of payment you can purchase.

Ravindra R Kondebettu (Querist) 10 April 2010
Dear Raju
Thank you very much for highlighting me about the provisions towards purchase of agricultural land by the non-agriculturist.
Ravindra R Kondebettu

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