Nala act
S. Srinivasa Prasad
(Querist) 29 January 2014
This query is : Resolved
Hi
Issue is pertaining to Non Agricultural Land Assessment Tax (NALA ACT):
My query is :
If Agricultural Land is not converted to Non Agricultural Land then, (land purchased in 1995)
1. what is the tax payable now in 2014.
2. what is the penalty if any payable now.
3. Procedure for conversion of Agricultural Land to Non Agricultural Land under aforesaid Act.
4. the lands are being used for Industrial & commercal purpose.
5. lands are situated around 50 KM away from Hyderabad city, Andhra Pradesh.
thanks & Regards
Srinivas
ajay sethi
(Expert) 29 January 2014
The lands used for other than agricultural purposes are liable for payment of NALA tax. The schedule of tax rates depends upon the two factors 1.Nature of utility viz, Industrial, Commercial and Residential, and 2.The population of the locality
in your case since it remains agricultural land it would not be liable to NA tax
R.K Nanda
(Expert) 29 January 2014
consult local lawyer.
