

Movable property/ Property/ Best law firm in Coimbatore/ Best advocates in Coimbatore/Best law service in Coimbatore/ Best legal consultation in Coimbatore/ Best legal services in Coimbatore/ Best lawyers in Coimbatore/ Online legal consultation. In general, movable property means that the person can own and can take with them, which does not include houses, apartments, or land. Movable property is a property that can be moved from one place to another. Anything that is not affixed to the land can fall under the category of movable property, irrespective of its shape, size, quality, or quantity. Items classified under this category are subject to sales tax, central sales tax, certain restrictions and conditions under the General Sales Tax Act of the concerned state, and the Central Sales Tax Act, 1956. However, there is no need to register the movable property under the Indian Registration Act, of 1908. Besides movable property means property the location of which can be changed, including things growing on, affixed to, or found in land, and documents. Movable properties are either consumable or non-consumable. Some varieties of movable properties are; → Vehicles, electronic devices, jewelry, books, timber, etc. → Trees once cut and sold for timber purposes are also classified under the movable property section → Growing crops and grass → Royalty → The amount of rent money owed → Promissory notes issued by government offices → Any machinery equipment that is not attached to the earth → Stock shares → Scientifically controlled forces of nature At Saanvika Legal Associate, other laws cases like business law, financial law, insurance law, environment law, consumer law, property law, banking, tax, cyber, labor, constitutional, legal registration, nocs, litigations, criminal, family law, and so on are provided. All kinds of Law services are offered by experienced lawyers that result in the success of your cases in every way possible.
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