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Huf agreement

Others 702 views 1 replies

Dear Sir /  MAdam

            my client is an HUF assessee, he wants to know whether the HUF can take Agricultural LAnd for Lease Purpose, than to consider the agricultural income in the books of accounts.

what is the procedure to get a lease for agrticultural land & whether to prepare lease agreemnet or not..

 

Thanking you advance

Replies (1)

any civil laywer will draft agreement for the property to be taken on lease for individual or HUF, 

such agreement is likely to get registered under registrar of assurances with premium paid and monthly charges payable mentioned in agreement, 


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