Dear expertise panel.
I need your help on below issue please ..
Please guide me easy way forward how I can borrow 6 gunte land under tukde bandi act..
Survey number- 5A/5* Total area - 36 gunte.
Area under my name -24 gunte
Area under cousin1 - 6 gunte(sold to Balkawde)
Area under cousin2 - 6 gunte remaining.
cousin 1 had sold 6 gunte land to .Mr Balkawde.
For which talathi had stop mutation entry (prallahbit ferfar #1418) against tukde bandi act. Also I filed case in thesildar office against Mr Balkawde.
Now Mr Balkawde want to sale 6 gunte land back to me. (Tukde JODH. )
My advocate said if I purchase 6 gunte land from Balkawde I have to face below problems.
1. Mr. Balkawde is ready to pay 25 % penalty to legalize land
But I will also get penalty of 25% and need to pay? Because there is remaining land of cousin 2 6 gunte will still fall under tukde bandi act
2. Mr Balkawde had purchase land from my cousin 1 managing registrar officer by showing low valuation of land with out joining zone certificate from MMRDA.
But If I purchase now showing real valuation of land I have to pay income tax penalty of 30% on valuation difference.
Please guide me easy way forward how I can borrow 6 gunte land from Mr Balkawde.
