| Various Purposes of Valuation |
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The various purposes
for which valuation is done by the Institution are:-
i). To determine a person’s liability to public
taxes like income tax, wealth tax, capital gains tax,
property tax, vacant land tax, ground rent etc.
ii). Stamp duty payable for the transfer of property,
Acquisition under Land Acquisition Act, liquidation,
iii). Reserve price for compulsory auctioning
iv). Disinvestments by government and disposal of
non-performing assets.
v) Loans for construction of new building.
vi) Sale and purchase of property, determination of
the cost of the building, rent fixation, family partition,
insurance etc.
vii) Insurance
viii) Visa
ix) Merger, demerge
x) Acquisition
xi) Settlement of disputes |
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