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Q.

Bought agricultural land 3acres in karnataka in 2018 after getting prior permission from DC with a lock in period of 5 years upto 2023. Now planning to sell the same land 3acres. Is this allowed as per present laws of karnataka.

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0 2022-07-21T16:43:28+00:00
Hello,

Since the lock-in period is not over, you cannot sell-out the land. Lock-in means your contract has been locked and you are not supposed to take any action related to the sale of the property.

Read More: What is Sale of Agricultural Land Taxability 2022? 
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