By Accommodation Times News Service In exercise of the powers conferred by section 55 of the Land Acquisition Act 1894 (1of 1894), the Central Government hereby makes the following rules for the guidance of the State Government and the Officer of the Central Government and of the State Governments, namely :— 1.
By Accommodation Times News Service Pvt. LTD. COMPANY CAN CERTAINLY BUY AGRICULTURAL LAND 1. A Pvt. Ltd. company CAN CERTAINLY BUY AGRICULTURAL LAND and develop and perform agricultural activities on it, BUT SUBJECT TO the approved provisions of articles and the Memorandum of the pvt.ltd and MUST be approved by the
By Accommodation Times New Service When Land is required for public purpose, land will be notified for acquisition under the Land Acquisition Act 1894 and other relevant laws. Land is generally acquired by the government under the following Acts: i. Land Acquisition Act, 1894 ii. Bangalore Development Authority Act, 1976 iii.Karnataka Acquisition
By Accommodation Times News Service By CA VIMAL PUNMIYA Amendment in definition of Agriculture land By Finance Bill-2013-14 By the provision of “Sec.2(14) Capital Asset”, Rural agriculture land was exempt from capital gain. For being rural agriculture land, land must be satisfied certain condition laid down in section 2(14).The Finance Minister
By Accommodation Times Bureau These days’ people are quite confused between Freehold property and Leasehold property. In real estate, the words Freehold and Leasehold are very important. These word the status of one’s ownership. Both the words applies to all sort of properties- a plot, a building constructed on that plot, flats by different
By Accommodation Times Bureau Kolkata:On this Monday, state government has passed the amendments in Land Reform Bill 2012 in the state assembly by 252-46 votes despite Opposition by Left Front members. The Parliamentary Affairs Minister Partha Chatterjee has introduced the West Bengal Land Reforms (Amendment) Bill 2012 for discussion, as Chief
By Accommodation Times (www.accommodationtimes.com) Shri Suresh Kumar D. Shah v. DCIT (ITAT Hyderabad)- It is held that in a Joint Development Agreement if the Developer has performed or is willing to perform his part of the contract, then the transaction would qualify as a ‘transfer’ under section 2(47)(v) of the
Haryana Urban Development Authority Vs. Viresh Sangwan & ANR(SC)- The housing development authority cannot be held responsible for the encroachments made after possession of the plot had been delivered to the allottees.. Neither the original allottee nor those who bought the property later, could accuse the development authority of