The state was the exclusive owner of land. The most decisive argument is the evidence in Paharpur copper plate inscription of Buddhagupta where it is stated that the emperor acquired wealth as well as spiritual merit when he made land grants. This makes it obvious that he was the owner of the land. Landgrants indicate that the king had the supreme ownership of land otherwise he could not transfer comprehensive rights to the receipent. Even after the donation of land the king reserved certain prerogatives over it. Thus it appears that though the land was to all intents and purposes, that of the peasants the king claimed its theoretical ownership.