CTN PRESS

CTN PRESS

NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY

HOW TO TRANSFORM A CONDO INTO A PROFITABLE INVESTMENT

HOW TO TRANSFORM A CONDO INTO A PROFITABLE INVESTMENT   A condominium, or condo, is a residential complex with various units owned by different individuals. These properties are popular in Toronto since they’re more cost-efficient than single-family homes. Also, they’re an excellent option for investors who don’t want to deal with immense maintenance needs. However, […]

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TRANSFER OF PROPERTY ACT, 1882 – LAWS OF TRANSFER MOVABLE/IMMOVABLE PROPERTY

TRANSFER OF PROPERTY ACT, 1882 – LAWS OF TRANSFER MOVABLE/IMMOVABLE PROPERTY Transfer of property must typically take place in accordance with the Transfer of Property Act 1882, which streamlines the process of property transfer between individuals. Transfer of Property Act Transfer of Property Act 1882 is legislation formed by the Indian government, brought into effect on

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FINANCIAL ACCOUNTING – CAPITAL AND REVENUE

FINANCIAL ACCOUNTING – CAPITAL AND REVENUE One of the major aspects of preparing a correct financial statement is to distinguish revenue and capital in regard to revenue income, revenue expenditure, revenue payments, revenue profits, and revenue losses of the company with capital income, capital receipts, capital profit, or capital losses. In fact, without differentiating, we

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GRILLAGE FOUNDATION AND TYPES OF GRILLAGE FOUNDATION

GRILLAGE FOUNDATION AND TYPES OF GRILLAGE FOUNDATION Grillage Foundation Grillage foundation is a type of foundation that consists of more than one extra layer of beams which are usually steel placed on a layer of concrete to distribute and transfers the structural load on a big area of soil below the foundation. These types of foundations are used for heavily loaded columns. Grillage

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RESIDUAL METHOD OF VALUATION FOR LAND, PROPERTY & DEVELOPMENT APPRAISALS

RESIDUAL METHOD OF VALUATION FOR LAND, PROPERTY & DEVELOPMENT APPRAISALS In property development circles the residual method of valuation is an essential valuation tool for any aspiring developer as it helps to quickly identify the value of a development site, land or existing buildings that have the potential to be developed or redeveloped. The words

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SECTION 55A OF THE INCOME TAX ACT- BASIC UNDERSTANDING FOR A IBBI REGISTERED VALUER

SECTION 55A OF THE INCOME TAX ACT- BASIC UNDERSTANDING FOR A IBBI REGISTERED VALUER Section 55A of the Income Tax Act confers powers on the Assessing Officer to revalue the capital asset and bring it to fair valuation. The discretion of the Assessing Officer plays a major role in the application of the said powers.

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