Sir I want to know can a partnership firm buy agriculture land for plotting and selling in open market?
I am not opting for section 63 permission.
Is it necessaary for both the partners to be agriculturist
M R Shaikh (Prop) 23 May 2013
Sir I want to know can a partnership firm buy agriculture land for plotting and selling in open market?
I am not opting for section 63 permission.
Is it necessaary for both the partners to be agriculturist
Adv k . mahesh (advocate) 23 May 2013
you can buy the agiriculture land and to sell by making the plots you have to take permission local panchayat/municipal department to change from Agriculture land to residential plots
also go through this query you would be getting some idea
https://www.lawyersclubindia.com/experts/Buying-Agricultural-Land-194421.asp#.UZ4GwaKnxpw