Hi,
Please let me Know whether Loan is available for purchase of Agricultutre Land
Thanks
CA Shailendra Singh (Chartered Accountant) (72 Points)
24 May 2010Hi,
Please let me Know whether Loan is available for purchase of Agricultutre Land
Thanks
DIVAKAR PATIL
(Service)
(35 Points)
Replied 24 May 2010
No loan can be allowed for purchase of land by a person other than a farmer. That too in case of a farmer who alreay owns a piece of land, loan can be allowed by banks for purchase of land maximum up to 2 Ha, if the proposed land is adjoining to his existing one.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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