Regularise of Encroached lands in Hyderabad became an Issue

HyderabadLandowners fearing to income tax department to regularisation of encroached lands in the city. At MRO office to regularize their land owners they need to pay 50 per cent to 100 per cent of market rate of the land to the government in the form of bank DDs. As per market value landowners needs to pay lakhs of rupees to regularize their land. We need pan number to pay DD in banks that will leads to income tax issue they need to show the source of the money.

They need to prove that the amount was earned by selling property in some other location or earned through business or salary. 15-day time is not sufficient for submitting applications to carry out such big transactions like selling of property.

Medaram Jathara

Connect with us

© 2012 - 2016 VIL Media Pvt Ltd. All rights reserved,
Contents of are copyright protected.Copy and/or reproduction and/or re-use of contents or any part thereof,
without consent of VIL Media is illegal.Such persons will be prosecuted.