NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
RBI MASTER CIRCULAR ON GUIDELINES ON VALUATION OF PROPERTIES & EMPANELMENT OF VALUERS E-BOOK ……………………….READ MORE BOOKS TO READ THE COMPLETE NOTES CLICK THE LINK BELOW
RBI RELEASES MASTER CIRCULAR ON HOUSING FINANCE-2023 Read More »
IBBI PUBLISHES SYLLABUS FOR LIMITED INSOLVENCY EXAMINATION W.E.F 1ST JULY 2023 NEW DELHI-31/03/2023, TECHNO TEPORTER: Insolvency and Bankruptcy Board of India in its circular No. IBBI/PR/2023/04 dated 31st March 2023 (Press Release) has changed the syllabus for Limited Insolvency Examination w.e.f 1st July 2023. IBBI conducts the Limited Insolvency Examination (LIE) in pursuance to regulation
IBBI PUBLISHES NEW SYLLABUS FOR EXAMINATION W.E.F 1ST JULY 2023 Read More »
VALUATION OF A HOTEL A hotel is defined as a superior building a accommodate strangers and its value depends entirely on its capacity of earnings a profit form a particular type of business activity i.e hospitality . It is a licensed premise in the sense that a license to run a hotel is to
VALUATION OF A HOTEL Read More »
VALUATION OF A CINEMA HALL A cinema is a building which is used for a cinematography exhibition. A person willing to run a cinema business in this country has initially to obtain what is called a no objection certificate for running this business from the government. This is popularly known as obtaining N.O.C from the
VALUATION OF A CINEMA HALL Read More »
TYPES OF LIFE INTEREST Types of life interest refer to the different legal arrangements that grant a person the right to use or enjoy a property during their lifetime. Each type of life interest has its own specific characteristics and rules, such as the duration of the interest, the rights and obligations of the life
TYPES OF LIFE INTEREST Read More »
EXEMPTION FROM RATEABILITY The term “exemption from rateability” typically refers to a situation where a property owner is not required to pay rates or property taxes on their property. This may occur for a variety of reasons, including: Government exemption: Some properties may be exempt from rates or property taxes by law, such as government-owned
EXEMPTION FROM RATEABILITY Read More »
HYPOTHETICAL TENANT AND HYPOTHETICAL RENT A hypothetical tenant is a theoretical or imaginary person who might occupy a rental property. This could be someone with a certain income level, family size, occupation, or lifestyle. Hypothetical tenants are often used in real estate analysis to estimate the demand for a property and the potential rental income
HYPOTHETICAL TENANT AND HYPOTHETICAL RENT Read More »
RENT AS EVIDENCE OF ANNUAL VALUE The concept of annual value is commonly used in property taxation and refers to the estimated annual rental income that a property could fetch if it were to be rented out on the open market. This value is used as a basis for calculating property taxes, such as rates
RENT AS EVIDENCE OF ANNUAL VALUE Read More »
AGRICULTURAL LAND AND DIRECT TAX LAWS Agricultural land is a crucial aspect of any country’s economy, as it serves as the primary source of food and raw materials for many industries. Direct tax laws, on the other hand, are regulations that govern how taxes are collected and paid by individuals and organizations. In many countries,
AGRICULTURAL LAND AND DIRECT TAX LAWS Read More »
METHODS OF VALUATION OF AGRICULTURAL LANDS Valuation of agricultural lands involves determining the market value or fair value of the land based on various factors such as soil quality, location, accessibility, productivity, land use regulations, and other characteristics that may impact the value of the land. The valuation is important for various purposes, including buying
METHODS OF VALUATION OF AGRICULTURAL LANDS Read More »
FACTORS AFFECTING VALUE OF AGRICULTURAL LAND The value of agricultural land is influenced by various factors, including: Location: The location of the land is a crucial factor that influences its value. Agricultural land located close to markets, highways, and other transportation networks will usually be more valuable due to the ease of access and transportation
FACTORS AFFECTING VALUE OF AGRICULTURAL LAND Read More »
INCOME TAX SECTIONS RELATED TO PROPERTIES VALUATIONS IN INDIA There are several sections under the Income Tax Act that are related to property valuation in India. Here are some of the important & relevant ones: Section 22: This section deals with the computation of income from house property. It states that the annual value of
INCOME TAX SECTIONS RELATED TO PROPERTIES VALUATIONS IN INDIA Read More »