NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
questions & opinions KNOWLEDGE BANK FROM B K ARUNA LET KNOWLEDGE SPREAD “Questions and Opinions – 16/08/2024”. Message from B K ARUNA Question: In the order of Chief Commissioner of Income Tax for the Registration of Valuers, it has been mentioned the category as I for the year 1999 – 2000. Whether I have to […]
“QUESTIONS & OPINIONS-16/08/2024”: RENEWAL OF REGISTRATION UNDER SECTION 34 AB Read More »
questions & opinions KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD “Questions and Opinions – 15/08/2024”. Question: When I estimate the present value of a machine, whether depreciation is to be applied on purchase value or market value? Opinion: The depreciation is to be applied on the replacement value and not on the purchased
“QUESTIONS & OPINIONS-15/08/2024”:DEPRECIATION IS APPLIED ON WHICH VALUE Read More »
questions & opinions KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD “Questions and Opinions – 13/08/2024”. Question : A property has been offered as collateral security. On inspection, it was found that it is a place of worship (temple) of a community. How to go about in this situation? Opinion: The valuation for collateral
“QUESTIONS & OPINIONS-13/08/2024”: VALUATION OF TEMPLE Read More »
questions & opinions KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD “Questions and Opinions – 12/08/2024”. Question: What is meant by Mutation Records? Opinion: (by Mr. L. Dakshinamurthy, Advocate) It should be read as “Mutation of Records” or “Mutation of entries in the Records”. The Word “Mutation” means “change” or “alteration”. There is a
“QUESTIONS & OPINIONS-12/08/2024”: WHAT IS MUTATION Read More »
questions & opinions KNOWLEDGE BANK FROM B KANAGA SABAPATHY LET KNOWLEDGE SPREAD “Questions and Opinions – 09/08/2024”. Question from a fellow valuer: One of my clients is owning a shopping complex in a primary location. Now, he is requesting me to issue you a certificate on reasonable rent. Can I adopt a rate of return
“QUESTIONS & OPINIONS-09/08/2024”: VALUATION REPORT ON RENTED PROPERTY Read More »
Saturday Brain Storming Thought (233) 27/07/2024 NEW CAPITAL GAIN TAX REGIME PROPOSED IN THE UNION BUDGET 2024-25 New Capital Gain Tax Regime proposed in the Union Budget 2024-25 In the Union Budget 2024, presented by Finance Minister Nirmala Sitaraman on 23/07/2024 1) Raising the tax rate on long-term capital gains on equity from 10% to
NEW CAPITAL GAIN TAX REGIME PROPOSED IN THE UNION BUDGET 2024-25: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (232) 20/07/2024 SNRR ACCOUNT SNRR Account Special Non-resident Ruppe Account Any person resident outside India, having a business interest in India, can open a Special Non-resident Ruppe Account (SNRR) with an authorised dealer for the purpose of putting through bonafide transactions in rupees which are in conformity with the provisions of
SNRR ACCOUNT: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (231) 13/07/2024 NRO ACCOUNT NRO Account A Non-Resident Ordinary (NRO) Account is a popular way for many Non-Resident Indians (NRIs) to manage their deposits or income earned in India, such as dividends, pension, rent etc This account allows you to receive funds in either Indian or foreign currency NRO Account 1)
NRO ACCOUNT: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (230) 06/07/2024 NRE ACCOUNT NRE Account NRE means Non-Resident (External) Account Which allows only foreign credits from outside India into the account Key Takeaways of NRE Account 1) Acronym Non Resident External Account 2) Meaning It is an account of an NRI to transfer foreign earnings to India 3) Taxability Interest
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Saturday Brain Storming Thought (229) 29/06/2024 CASH RESERVE RATIO Cash Reserve Ratio (CRR) Cash Reserve Ratio is one of the many monetary policy tools that RBI uses to control the money supply in the economy Cash Reserve Ratio is a certain percentage of cash that all banks have to keep with the RBI as a
CASH RESERVE RATIO: ER. AVINASH KULKARNI Read More »
Saturday Brain Storming Thought (228) 22/06/2024 SHELL COMPANIES SHELL COMPANIES Shell Companies are used for legitimate purposes but can be used for tax evasion, tax avoidance, money laundering, or to achieve a specific goal such as anonymity Shell Companies in India Shell Companies are also known as ghost companies, are quite popular among fraudsters, especially
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Saturday Brain Storming Thought (227) 15/06/2024 PARTICIPATORY NOTE PARTICIPATORY NOTES Participatory Notes also referred to as P-notes or PNs, are financial instruments required by investors or hedge to invest in Indian securities without having to register with the Securities and Exchange Board of India (SEBI) P-notes are among the group of investments considered to be
PARTICIPATORY NOTES: ER. AVINASH KULKARNI Read More »