NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD CHOOSE THE RIGHT ANSWER – YES / NO 1. Cost inflation index (C.I.I.) is prescribed by the Central Board of Direct Taxes every year. Is it right? ….. Yes / No 2. Cost inflation index and Cost index are one and the same. Is it […]
100 QUESTIONS WITH ANSWER KEYS: FOR EXAMINATION REVISION PURPOSES Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD IMPORTANT ARTICLE BY B. KANAGA SABAPATHY SIR GUIDELINES ON VALUATION ISSUED BY VARIOUS BANKS (as on 07.04.2021) Sub : Sharing – Let knowledge spread – Part 217 Dear fellow Valuers, 1. On 07.04.2021, Punjab National bank and UCO bank have issued revised guidelines. 2. UCO Bank
GUIDELINES ON VALUATION ISSUED BY VARIOUS BANKS Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD Message from B. Kanaga Sabapathy Sir – 27/07/2021 HOW TO START PRACTICING VALUATION Dear fellow valuers, 1. I enclose herewith an article “How to start practicing valuation?”. Please indicate if there are any errors. 2. This article will be a part of my new book
HOW TO START PRACTICING VALUATION Read More »
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
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 »
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 »
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 »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 21/04/2023 10 POINTS TO BE REMEMBERED WHILE DOING VALUATION FOR THE PURPOSE OF COMPUTING COMPENSATION FOR LAND ACQUISITION 1. For the purpose of valuation for land acquisition, value is to be estimated as on the date of notification and not on
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 21/04/2023 Question : The property to be valued is a running petrol pump, owned by a private limited company. The purpose of valuation is to certify the fair market value for the purpose of fixing share value for partition purposes (Year
A CASE STUDY FOR VALUATION OF A PETROL PUMP Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 20/04/2023 Question : The client acquired a vacant plot of 500 sq.yd. on 06.02.2012 through GPA from her father. She sold the same as vacant plot on 15.03.2023 for Rs. 31,00,000/-. Can I use stamp duty rate of 01.04.2001 or on
A CASE STUDY FOR CAPITAL GAIN PURPOSES Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. K. sir 19/04.2023 Question : Last year, for an assessee, I issued a report on cost of construction. Last week, the owner’s auditor has directed his client to obtain an exclusive report from me for the interiors made in the house. Can I
CAN A VALUER ISSUE A 2ND REPORT FOR TAXATION PURPOSES ? Read More »