NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD “HOW TO BECOME AN APPROVED VALUER UNDER SECTION 77 (1) OF THE BLACK MONEY AND IMPOSITION OF TAX ACT, 2015 ?” NEW AVENUES IN VALUATION Dear fellow valuers, During the conference held at Bangalore on 3 and 4th December 2021, I presented a paper “How to […]
DECLARATION CUM UNDERTAKING REQUIRED FOR UCO BANK EMPANELMENTS TO BE SUBMITTED FOR COMPLETING EMPANELMENT PURPOSES After processing and scrutiny of all the applications, respective ZO Committees may recommend the list of eligible valuers for inclusion in the Bank’s Panel. If the bank has approved your application for empanelment. Your final approval is subject to verification
DECLARATION CUM UNDERTAKING REQUIRED FOR UCO BANK EMPANELMENTS Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 27/04/2023 Question : A valuation assignment has come to me. The purpose is to estimate the FMV as on 01.04.2001. In this case, the assessee has constructed the building in the year 2000 and the cost shown in the Income Tax
CAN A VALUER BE BIASED BY THE BOOK VALUE OF THE ASSETS WHILE SUBMITTING THE REPORT? Read More »
Valuing landlocked land can be a bit tricky as it lacks direct access to a public road or right of way. However, here are some ways to approach the valuation. Valuing landlocked land can be a complex task, as the lack of direct access to roads and other amenities can impact the property’s value. Here
HOW TO VALUE LAND LOCKED LAND Read More »
The history of Indian banks dates back to the 18th century when the first modern bank, Bank of Hindustan, was established in Calcutta in 1770. However, it was the establishment of the Presidency Banks, the British East India Company established three banks: Bank of Bengal in 1809, Bank of Bombay in 1840, and Bank of
HISTORY OF BANKS IN INDIA Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 26/04/2023 What are the 10 points to be remembered while doing valuation by land and building method? 1. In this method, plot is valued separately, building is valued separately and then these two values are added to get the total value.
10 POINTS TO BE REMEMBERED FOR DOING VALUATION BY LAND AND BUILDING METHOD? Read More »
Valuation in India has a rich history that dates back to ancient times. In the ancient period, valuation was done mainly for the purpose of taxation and land measurement. Later on, during the Mughal period, valuation was done to determine the value of goods and services for taxation purposes. During the Vedic period, land was
HISTORY OF VALUATION PROFESSION IN INDIA Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 25/04/2023 What is the difference between rate of return and rate of interest? Rate of Return : This is an economic term. In strict economic sense, it not only includes rate of interest on capital value invested but also includes annual
DIFFERENCE BETWEEN RATE OF RETURN AND RATE OF INTEREST? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 24/04/2023 Question : There is a 2,000 sq.ft. flat, one of four in a G+3 building built on a common 750 sq.yd. Plot was purchased from the Housing Board in 1983. The sale deed does not mention the undivided share of
VALUATION OF A FLAT WITHOUT UDS PROVIDED Read More »
QUALIFICATIONS OF REGISTERED VALUERS UNDER RULE 8A OF SECTION 34AB OF WEALTH TAX ACT 8A. (1) For the purposes of sub-section (2) of section 34AB, the qualifications for registration as valuers of different classes of asset shall be as specified in sub-rules (2) to (11).S CLICK HERE TO READ THE COMPLETE DOCUMENTS COURTESY: ER.
QUALIFICATIONS OF REGISTERED VALUERS UNDER RULE 8A OF SECTION 34AB OF WEALTH TAX ACT Read More »
EMPANELMENT’S PROCEDURE IN IDBI BANK APPLICATION FORM & OTHER DETAILS IDBI Bank Ltd invites applications for empanelment of Valuers/ Enforcement Agency (EA) /Recovery Agency (RA)/ Detective Agency (DA)/ Security Agency (SA)/ E-Auction Service Providers (EASP)/ Resolution Agencies (ResA), subject to fulfillment of the criteria related to essential qualifications and experience. The duration of empanelment shall
EMPANELMENTS IN IDBI BANK: APPLICATION FORM & OTHER DETAILS Read More »
PNB LIST OF DOCUMENTS TO BE SUBMITTED FOR COMPLETING EMPANELMENT PURPOSES Accordingly, after processing and scrutiny of all the applications, respective ZO Committees recommended the list of eligible valuers for inclusion in the Bank’s Panel. The Board approved consolidated list of the valuers (attached as annexure IA, IB, IIA and IIB) will remain valid till
LIST OF DOCUMENTS TO BE SUBMITTED FOR PNB EMPANELMENTS Read More »