NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
PNB LIST OF APPROVED VALUERS NOT HAVING REGISTRATION UNDER THE WEALTH TAX ACT 2022-2023 AS ON 11/11/2022 CLICK HERE TO READ THE LIST SOURCE LINK FOR MANY MORE UPDATES AVAILABLE CLICK BELOW CLICK THE BELOW LINK TO READ THE COMPLETE CONTENTS, SOME CONTENTS OF THIS WEBSITE ARE FOR GOLD SUBSCRIBERS ONLY. Join […]
PNB LIST OF APPROVED VALUERS NOT HAVING REGISTRATION UNDER THE WEALTH TAX ACT-2023 Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 29.03.2023 Question : This is a vacant land of 3 acres and 18 guntas. This is an NPA case. As per documents and on physical inspection, it is landlocked and also a litigated property. Should a valuation report be released for
HOW TO VALUE A LAND LOCKED & LITIGATED PROPERTY? : IMPORTANT OPINION FOR VALUERS Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 28.03.2023 Question : It is a vacant land measuring 1 acre. It’s a NPA case. As per documents, the subject property is a landlocked one but on physical inspection I found an approach road but through another gated community layout. Is
HOW TO VALUE A LAND LOCKED LAND? : IMPORTANT OPINION FOR VALUERS Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 27.03.2023 Question : I want to apply for empanelment of valuers to the official liquidator of High court. I understand that there is no readymade format of application. Can you suggest me a suitable format of application? My opinion : I
EMPANELMENT OF VALUERS FOR HIGH COURTS (OFFICIAL LIQUIDATOR)-HOW TO APPLY Read More »
Bases of valuation are the methods used to determine the value of an asset or a company. Here are some of the most common bases of valuation: There are several bases of valuation, including: Market value: This is the value of an asset or company based on its current market price. Market value is determined
BASES OF VALUATION-THE FIRST THING TO UNDERSTAND BEFORE ACCEPTING AN ASSIGNMENT Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 24.03.2023 Question : It is a newly constructed marriage hall. Mr. X is the owner of the land of 1 acre and he has given the land on lease for 15 years to his wife Mrs. Y. The land is situated
BANK VALUERS NEED TO UNDERSTAND THE SCOPE OF VALUATION BEFORE STARTING THE VALUATION Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 23.03.2023 Question : In valuation related to taxation, can the Income Tax officer can levy a penalty to the registered valuers? Opinion : He can levy a penalty of Rs. 10,000/-. The new section 271 J says : 87. After section
PANALITY TO BE IMPOSED ON A APPROVED VALUER BY THE DEPARTMENT Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 22.03.2023 Question : Two buildings of same area & FSI are located adjacent in a busy commercial road. They are 3 storied. Both are tenanted. Whether I can certify the same market value for both buildings? Opinion : 1. Can be
CAN TWO ADJACENT BUILDINGS HAVE THE SAME VALUATION ? IMPORTANT TO KNOW BY A VALUER Read More »
THE SOCIAL AUDIT & SOCIAL AUDITOR AN EMERGING PROFESSION Article By Prabhakar Pramod Jha (Social Auditor, Registered Valuer & IBC Law Consultant) “Social Audit is an independent evaluation of the performance of an organisation as it relates to the attainment of its social goals. It is an instrument of social accountability of an organisation. In
THE SOCIAL AUDIT & SOCIAL AUDITOR AN EMERGING PROFESSION Read More »
Becoming a social auditor typically requires a combination of education, training, and practical experience in the field of social responsibility and sustainability. Here are some steps you can take to become a social auditor: Education: Start by earning a degree in a related field such as social responsibility, sustainability, or environmental science. This will provide
HOW TO BECOME A SOCIAL AUDITOR ? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 17.03.2023 Question : This is a question related to capital gains. According to the judgement : Reversal application of cost inflation indices are not permitted to ascertain the land rate as on 01.04.2001. And that is what, you have been advising
CONSEQUENCES FACED FOR USING REVERSAL CALCULATION OF COST INDEX BY A CAPITAL GAIN VALUER Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 16.03.2023 Points to be remembered by a panel valuer / SARFAESI valuer if he wants to be safe against any criminal proceedings at any future date : 1. Value varies with purpose. Do not forget to mention the purpose of valuation