:: VALUATION
Preface
What is a Government Approved valuer
Assets which need to be periodically valued or revalued
Where Valuation and Revaluation is required
Frequently Asked Questions
How to select Your Valuer
What you should look for in a Valuation Report
Fees for Valuation
  :: CHARTERED. ENG. CERT.
  :: AUCTION
  :: USED MACHINES
  :: PROPERTIES
 
 
 
 

The Ministry of Finance, Government of India, in its detailing of ‘Wealth Tax’ has classified various categories of assets which need to be valued by a certified valuer. Some of the categories are listed below:
   
1.
Immovable property (other than agricultural lands, plantations, forests, mines and quarries).
   
2.
Agricultural lands (other than coffee, tea, rubber and cardamom plantations).
   
3.
Coffee, tea, rubber or cardamom plantations.
   
4. Forests.
   
5. Mines and quarries.
   
6.
Stocks, shares, debentures, securities, share in partnership firm and business assets including goodwill.
   
7. Plant and Machinery.
   
8. Jewellery.
   
9. Works of arts and antiques.
   
10. Life interest, reservations and interests in expectancy.

N.B. This is not an exhaustive list and in today’s world every new situation demands fresh look at your asset values. Therefore, it is best to remember the adage: ‘When things change the values also change’.