NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
QUESTION & OPINION – B. Kanaga Sabapathy 28.01.2022 Question: I am a Civil Engineer. Whether I am eligible to become a Registered Valuer for 1. Wealth Tax Act, 1957 2. Companies Act, 2013 3. Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 4. Prevention of Money Laundering Act, 2002 5. […]
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“Crossword” presented by me at the Global Valuation Summit” KNOWLEDGE BANK FROM B K ARUNA LET KNOWLEDGE SPREAD Message from B.K. Aruna 27.11.2023 As requested by a few, I am forwarding herewith the article “Crossword” presented by me at the Global Valuation Summit held in Mumbai on 25.11.2023. B.K. Aruna Follow the COUNCIL OF ENGINEERS
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“New opportunity for valuers due to the 19th amendment related to Section 132(9D) of Income Tax Act” KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 27.11.2023 As requested by many valuers, I am forwarding herewith the text of the paper “New opportunity for valuers due to the 19th amendment
COURT JUDGMENTS RELATED TO PANEL VALUERS OF BANKS KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD The following judgments will be highly helpful for the precising panel valuers in order to defend when their reports are challenged in the court of law: Follow the COUNCIL OF ENGINEERS AND VALUERS channel on WhatsApp: TO READ
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 14.09.2023 Ten points to be remembered by a valuer who does not want to face any enquiry : 1. Know the purpose of valuation and certify the value accordingly. 2. Mention in your report clearly that your report should not be used for any other
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 13.09.2023 Ten Case Laws relevant to panel valuers in the observation of the courts : 1. A valuer is not an expert to test the genuineness of the documents. – L.N. Rajagopalan Vs State – CRL.R.C.No. 1063 of 2008 – Madras High court 10.08.2009. 2.
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 12.09.2023 Ten points relevant to panel valuers in the observation of the courts : 1. A valuer is not an expert to test the genuineness of the documents. 2. A valuer is not competent to certify the genuineness of the title. 3. A valuer is
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 11.09.2023 Ten points to be remembered by a registered valuer when he wants to do valuation for capital gains : 1. Before accepting the valuation assignment, the valuer must know clearly for what section of Income Tax Act, he is required to do valuation. 2.
KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 10.09.2023 Ten points to be borne in mind while valuing a flat : 1. The market value of a flat depends on i) location of apartment building in total ii) location of the specific floor in the apartment building iii) location of the flat in
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 09.09.2023 Ten points to be remembered by a SARFAESI valuer : 1. Value varies with purpose. The purpose of valuation under SARFAESI Act is to certify the auction value. 2. Before undertaking the assignment, ascertain first whether the property is a SARFAESI compliant property. 3.
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KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 08.09.2023 Ten points to be remembered by a panel valuer when he wants to do valuation for collateral securities : 1. Value varies with purpose. The purpose of valuation for collateral security is to certify mainly the present market value. Insist for an engagement letter
KNOWLEDGE BANK LET KNOWLEDGE SPREAD Message from B K Aruna 07.09.2023 Ten points to be remembered by a panel valuer when he wants to do valuation for primary securities : 1. Value varies with purpose. The purpose of valuation of primary securities (in most of the times) is to certify the cost. 2. Primary security