NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD Spend your lockdown period usefully. Message from B. Kanaga Sabapathy Sir – 09.06.2021 Dear fellow valuers, 1. Income tax department has prescribed two books on guidelines on valuation for their valuation cell officers. These books contain valuable information related to valuation for taxation. 2. A registered […]
CBDT – GUIDELINES ON VALUATION OF IMMOVABLE PROPERTIES Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD Spend your lockdown period usefully. PART-23 03.06.2021 CHOOSE THE RIGHT ANSWER – YES / NO 221. Rent control act, Urban land ceiling act, and Coastal regulation are examples of legal factors. Is it right? ….. Yes / No 222. Locality, neighborhood, and civic amenities are
Saturday Brain Storming Thought (116) 05/06/2021 COMPILED BY ER AVINASH KULKARNI STAMP DUTY VALUE Under section 55 of the income tax act – Stamp duty value means any value adopted by authority of the CG or SG for the purpose of payment of stamp duty for the immovable property Stamp Duty Stamp duty is a
STAMP DUTY VALUE-ALL YOU NEED TO KNOW-COMPILED BY ER AVINASH KULKARNI Read More »
KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD Spend your lockdown period usefully. PART-21 01.06.2021 CHOOSE THE RIGHT ANSWER – YES / NO 201. It is the true value of the property as distinct from the agreement value. This true value is called as “historic cost”. Is it right?.….. Yes/No 202. The four
KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD Spend your lockdown period usefully. PART-18 29.05.2021 CHOOSE THE RIGHT ANSWER – YES / NO 171. In case of any sale or transfer of any real estate property, the capital invested is not certain. Is it right?.….. Yes/No 172. In a court judgement Gold coast
KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD Spend your lockdown period usefully. PART-16 27.05.2021 CHOOSE THE RIGHT ANSWER – YES / NO 151. If a valuer wants to be very thorough with capital gain tax calculations, he has to be thorough with the latest provisions of the Income Tax Act. Is it
Saturday Brain Storming Thought (115) 29/05/2021 COMPILED BY ER AVINASH KULKARNI DESKTOP VALUATION A desktop valuation (also known as desktop appraisal) is a valuation performed without a physical inspection of a property It will generally be undertaken where a full inspection of a property cannot take place Accuracy of Desktop Valuation It is considered unreliable
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KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD Spend your lockdown period usefully. Methods of valuation – Mr. P. Raghavendra Rao : Message from B. Kanaga Sabapathy 23.05.2021 Dear fellow valuers, Mr. P. Raghavendra Rao (late) was a genius in valuation. He was a valuation cell officer attached to the Income-tax department and
KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD Spend your lockdown period usefully. PART-15 26.05.2021 CHOOSE THE RIGHT ANSWER – YES / NO 141. The rate of capitalization in leasehold depends on the money market from time to time. Is it right?.….. Yes/No 142. The capital value can be determined from the net
KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD Spend your lockdown period usefully. PART-14 25.05.2021 CHOOSE THE RIGHT ANSWER – YES / NO 131. The date of valuation is very important because any incidents that have taken place after this date is not considered admissible evidence for estimating the fair market value
Valuation of Immovable Assets in India for Misuse of power of attorney – Court Case in the USA ABSTRACTS This is the practical case of misuse of the power of attorney and the sale out of property continuously four times within the family members. This is the case of selling of the property by the
KNOWLEDGE BANK FROM B KANAGA SABAPATHY SIR LET KNOWLEDGE SPREAD Spend your lockdown period usefully. PART-12 23.05.2021 CHOOSE THE RIGHT ANSWER – YES / NO 111. The rate of return on investment depends on the location of the property. Is it right?.….. Yes/No 112. A valuer can give a valuation report without mentioning the