Study Material for Valuation Examination – Land and Building Prepared by CVSRTA
The Valuation Profession in India took a concrete shape with enactment of the Companies Act, 2013. Section 247 of the Act provides that where valuation is required to be done under the provisions of the Act, it shall be valued by a person who, having the necessary qualifications and experience, and being a valuer member of a registered valuer organisation (RVO), is registered as a valuer.
The Central Government notified the commencement of section 247 of the Companies Act, 2013 with effect from 18th October, 2017. It also notified the Companies (Registered Valuers and Valuation) Rules, 2017 (Rules), which provide for a complete framework for development and regulation of the profession of valuers and the manner of valuation, including valuation standards and Code of Conduct for registered valuers. The Central Government delegated its powers and functions under section 247 of the Act to the Insolvency and Bankruptcy Board of India (IBBI) and specified the IBBI as the Authority under the said Rules.
The Centre for Valuation Studies, Research and Training Association (CVSRTA) has developed a study material as per syllabus of the valuation examinations for two Asset Classes, namely, Land and Building and Plant and Machinery.
The said material for the examination in the discipline of Land and Building will be useful to a professional valuer and the same is available for download at IBBI website.
ITAT power to pass such orders "as it thinks fit" implies a judicial discretion to be exercised within the parameters…
Mere non-deduction of TDS by the deductor on a transaction does not change the character of the transaction to make…
ICAI has extended the last date to online submit Multipurpose Empanelment Form (MEF)- 2026-27 from 29th August 2026 to 9th…
Can a demand notice be issued u/s 156 for non-payment of Dividend tax u/s 115-O, when as per assessment order…
The issue already examined and adjudicated by the quasi-judicial authority, i.e., CIT(Appeals), cannot be reopened on the same set of…
One TDS is deducted, credit has to follow, failure of deductor to deposit the amount to the credit of the…