NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 14.08.2023 HOW TO CALCULATE THE BOOK VALUE OF A RESIDENTIAL FLAT? Question : How to calculate the book value of a residential flat? My opinion : 1. A flat consists of two components, namely UDS of land and super built up […]
HOW TO CALCULATE THE BOOK VALUE OF A RESIDENTIAL FLAT? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 12.08.2023 VALUATION METHOD FOR PROPERTY CONSTRUCTED IN TWO PHASES? Question : A plot was acquired in 1998 – 99. Ground floor was constructed in 1999 – 2000. First floor was built in 2013 – 14. Property was sold for a net
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 11.08.2023 RTI DRAFT TO GET LAND RATES FROM SUB REGISTRARS OFFICE? Question : To obtain the guideline rate authentically for the purpose of ascertaining capital gains, you have been advising to apply through RTI to the concerned registrar’s office and get
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 10.08.2023 COST INFLATION INDEX OF FY-2022-2023? Question : In the notification dt. 14.06.2022, the CBDT has announced the following : S.no. Financial year Cost Inflation Index 22
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Saturday Brain Storming Thought (185) 19/08/2023 NEGATIVE LIABILITY Technically, a negative liability is a company asset, and so should be classified as a prepaid expense Most negative liabilities are created in error, so their presence indicates problems with the underlying accounting system Negative liability means in case of any negative entry in the present quarter
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Saturday Brain Storming Thought (184) 12/08/2023 PREPAID ASSETS A Prepaid Asset is a financial resource that a business has paid for in full, although the full benefit of that resource will not be used until a future date A Prepaid Asset can also be expressed as an expense that has been paid for that will
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 05.08.2023 WHAT ARE BUNDLE OF RIGHTS FOR A PROPERTY? Question : What are the bundles of rights? Opinion : The term “bundle of rights” describes the set of legal rights associated with ownership of real property. The “bundle” is made up
WHAT ARE BUNDLE OF RIGHTS FOR A PROPERTY? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 04.08.2023 HOW TO VALUE A LEASE HOLD PROPERTY WITHOUT A VALID REGISTRATION OF LEASE DEED? Question : A leasehold property without registration is considered as freehold land. For live and licence agreement, licence is not required for registration. If it is
HOW TO VALUE A LEASE HOLD PROPERTY WITHOUT A VALID REGISTRATION OF LEASE DEED? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 03.08.2023 DIFFERENCE BETWEEN DEPRECIATED REPLACEMENT COST & WRITTEN DOWN VALUE? Question : I am quite often confused with the words Depreciated Replacement Cost and Written Down Value. Can you explain with the help of an illustration? My opinion : Depreciated Replacement
DIFFERENCE BETWEEN DEPRECIATED REPLACEMENT COST & WRITTEN DOWN VALUE? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 02.08.2023 HOW TO CALCULATE YEAR OF CONSTRUCTION FOR SEMI FINISHED BUILDINGS? Question : Residential building – RCC framed structure and brick work complete, left with semi-finished in year 2008, building completed – Year 2022. What is age of building adopted? My
HOW TO CALCULATE YEAR OF CONSTRUCTION FOR SEMI FINISHED BUILDINGS? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 01.08.2023 CAN MIXED USE BUILDING BE VALUED USING COMPOSITE RATE METHOD? Question : A building consists of ground plus two upper floors each of 475 sq.ft. Ground floor is of hall type and it is to be rented. The upper floors
CAN MIXED USE BUILDING BE VALUED USING COMPOSITE RATE METHOD? Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Message from B. Kanaga sabapathy 30.07.2023 HOW TO VALUE A DIMOLISHED STRUCTURE FOR CAPITAL GAIN PURPOSES? Question : I got an valuation assignment for capital gain purpose. FMV has to be certified as on 2001. In this case, the structure is currently demolished at site and
HOW TO VALUE A DIMOLISHED STRUCTURE FOR CAPITAL GAIN PURPOSES? Read More »