NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Saturday Brain Storming Thought (242) 28/09/2024 CARRYING VALUE Carrying Value is an accounting concept that measures the current value of an asset or company based on the figures in its balance sheet Key Takeaways of Carrying Value 1) Carrying Value is a measure of value for a company’s assets 2) Carrying Value is typically measured […]
CARRYING VALUE AS EXPLAINED BY-ER. AVINASH KULKARNI Read More »
DIFFERENCE BETWEEN JURISPRUDENCE & LEGAL THEORY Jurisprudence: The word Jurisprudence is derived from the word ‘Juris’ meaning law and ‘prudence’ meaning knowledge. Jurisprudence is the study of the science of law. The study of law in jurisprudence is not about any particular statute or a rule but of law in general, its concepts, its principles,
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IMPORTANT APPLICATIONS USED IN LAW Important Applications 1. Application for Temporary Injunction. (ORDER 39 Rules 1 & 2) 2. Application for Rejection of plaint. (ORDER 7 Rules 11) 3. Application for Return of plaint. (ORDER 7 Rules 10). 4. Application for Amendment. (ORDER 6 Rules 16 & 17) 5. Application for Appointment of Commissioner. (Section
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UPDATE ON HINDU LAW 1. Hindu Marriage Invalid If Requisite Ceremonies Not Performed, Registration Won’t Make Such A Marriage Legitimate : Supreme Court 2. Parliament Has No Jurisdiction To Negate Hindu Law Protected By Art. 25′: Suit In Varanasi Court For ‘Restoration Of Temple’ At Gyanvapi Mosque Area 3. Daughter’s Right To Inherit Self-Acquired Property
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LIST OF APPROVED VALUERS AS ON 29/09/2024 SASTRA DIVISION CIRCULAR NO. 29/2024 APPROVED PANEL OF VALUERS The panel of Board approved valuers comprising (i) Valuers having registration under Wealth Tax Act (ii) Valuers not having registration under Wealth Tax Act, was circulated vide SASTRA Division Circular No. 29/2024 dated 18.04.2024 – Approved Panel of Valuers.
UNDERSTANDING THE DIFFERENCE BETWEEN THE ARTICLE, SECTION & RULES IN LEGAL CONTEXT In the legal context, various terms are used to structure and categorize laws and legal provisions. Here’s a detailed explanation of Article, Section, Sub-section, Clause, Rule, and Sub-rule: Article Definition: An article is a specific provision in a constitutional document or formal treaty.
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IMPORTANT LANDMARK JUDGEMENTS ON THE CONSTITUTION OF INDIA ONLY FOR MEMBERS OF CEV INDIA CLICK BELOW DOWNLOADABLE LINK TO GET COMPLETE DETAILS ASK FOR ACCESS BY MENTIONING YOUR 1. NAME, 2. CITY, 3. CEV MEMBERSHIP NUMBER
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B K Aruna-21/09/2024 D/o, B Kanagasabapathy Question from a fellow valuer: I recently came across the term “4-Way Test” in one of your articles. Could you explain what it means? Opinion : How does a bank valuer practically verify the market value they’ve determined
4-WAY TEST FOR VALUERS:-B KANAGA SABAPATHY SIR Read More »
Saturday Brain Storming Thought (240) 14/09/2024 MERCHANT BANKER VALUER A Merchant Banker is a financial expert who works for a merchant bank, a financial institution that offers services to large corporations, high-net-worth individuals, and institutional investors Merchant Banker Valuation Report Requirements 1) Income Tax When a company issues new shares or transfers shares, or when
HOW TO BECOME A MERCHANT BANKER VALUER :BY-ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (241) 21/09/2024 INCOME TAX ON JOINT DEVELOPMENT AGREEMENT IN INDIA Joint Development Agreement is a popular arrangement between landowners and builders Joint Development Agreement (JDA) A Joint Development Agreement (JDA) is a legal contract between the land owner and a real estate developer that outlines their collaboration on a property development
INCOME TAX ON JOINT DEVELOPMENT AGREEMENT IN INDIA:BY-ER. AVINASH KULKARNI Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B K Aruna-20/09/2024 D/o, B Kanagasabapathy Question from a fellow valuer: Dear Sir, I am a beginner in valuation, and I am currently preparing for the IBBI exam. Please advise me on the easiest ways to pass the examination, considering you have experience with
EASIEST WAY TO PASS THE IBBI VALUATION EXAMINATION:-B KANAGA SABAPATHY SIR Read More »
UNDERSTANDING QUASI CONTRACT AS PER INDIAN CONTRACT ACT, 1872 Quasi Contract as per the Indian Contract Act, 1872 Quasi-Contracts: These are obligations similar to contracts, but they arise from the law rather than an agreement between the parties. Examples include cases of unjust enrichment and obligations to restore benefits. A quasi-contract is a retroactive arrangement
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