Transfer agriculture land to my son

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 December 2015 My son who is an NRI and lives in U K.He has U K passport. My daughter in law also lives in UK but holds Indian passport.I purchased about 2 acres of land about 10 yrs back.I am getting old I want to transfer this property in in the name of my son or daughter in law. kindly suggest me what to do.Thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

09 December 2015 Agricultural land can be acquired by inheritance by NRI. So execute a will.

Querist : Anonymous

Querist : Anonymous (Querist)

09 December 2015 Thanks Can I do it with a registered deed in the name of my son as a gift.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

09 December 2015 No gift only will register the will.

Querist : Anonymous

Querist : Anonymous (Querist)

09 December 2015 Thanks for the advise After the will Can he include the income from agriculture in his return or not.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

09 December 2015 He can include agricultural income in his return as gift from father. Will effect will be after the death of father, till then it is father's income.

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