TaxTMI 
TaxTMI 
Registration of valuers
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.... (ii) furnish a report of such valuation in the prescribed form; (iii) charge fees at a rate not exceeding the rate or rates prescribed in this behalf; (iv) not undertake valuation of any asset in which he has a direct or indirect interest. ^6(4) The report of valuation of any asset by a registered valuer shall be in the prescribed form and be verified in the prescribed manner. ----------------------- Notes:- 1. Substituted vide Finance Act, 1988, w.e.f. 1-6-1988. Before it was read as:- "Board" 2. See rule 8A. 3. Substituted vide Finance Act, 1988, w.e.f. 1-6-1988. Before it was read as:- "Board" 4. See rule 8B and Form N. 5. See rule 8C. 6. See rule 8D and Forms O-1, O-2, O-3, O-4, O-5, O-6, O-7, O-8, O-8A, O-9, and O-10. - ============= Document 1 FORM N [See rule 8B] Application for registration as a valuer under section 34AB of the Wealth-tax Act, 1957 To ....
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....son of any of the provisions contained in clauses (a) to (c) of sub-rule (13) of rule 8A of the Wealthtax Rules, 1957. I further declare that I shall (a) make an impartial and true valuation of any asset which I may be required to value; (b) furnish the report of such valuation in the prescribed form; (c) charge fees at a rate not exceeding the rate or rates prescribed by the Board in this behalf; and (d) not undertake any valuation of any asset in which I have a direct or indirect interest. Signature Verification I, [name in block letters], do declare- (i) that what is stated in the above application is true and correct to the best of my knowledge and belief, and (ii) that the documents sent herewith are the originals or true copies thereof. Place . Signature Date List of enclosures : . Notes: 1. * Please see rule 8A of the Wealth-tax Rules, 1957. 2. This Form must be accompanied by a fee of Rs. 1, 000. It is suggested that the fee should be credited in a branch of the authorised bank or a branch of the State Bank of India or a branch of the Reserve Bank of India after obtaining a challan from the Assessing Officer. The receipted ....
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.... notification 21. Attach a dimensioned site plan Improvements : 22. Attach plans and elevations of all structures standing on the land and a lay-out plan 23. Furnish technical details of the building on a separate sheet [The Annexure to this Form may be used] 24. (i) Is the building owner-occupied/tenanted/both ? (ii) If partly owner-occupied, specify portion and extent of area under owner-occupation 25. What is the Floor Space Index permissible and percentage actually utilised? Rents : 26. (i) Names of tenants/lessees/licensees, etc. (ii) Portions in their occupation (iii) Monthly or annual rent/compensation/licence fee, etc., paid by each (iv) Gross amount received for the whole property 27. Are any of the occupants related to, or close business associates of, the owner ? 28. Is separate amount being recovered for the use of fixtures like fans, geysers, refrigerators, cooking ranges, built in wardrobes, etc., or for service charges ? If so, give details 29. Give details of water and electricity charges, if any, to be borne by the owner 30. Has the tenant to bear the whole or part of the cost of repairs and maintenance ? Give parti....
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....rame 6. Type of foundations 7. Walls (a) Basement and plinth (b) Ground floor (c) Superstructure above ground floor 8. Partitions 9. Doors and windows (Floor -wise). (a) Ground floor (b) 1st floor (c) 2nd floor, etc. 10. Flooring (Floor-wise). (a) Ground floor (b) 1st floor (c) 2nd floor, etc. Page 3 of 4 Finishing (Floor-wise). 11. (a) Ground floor (b) 1st floor (c) 2nd floor, etc. 12. Roofing and terracing 13. Special architectural or decorative features, if any 14. (i) Internal wiring- surface or conduit (ii) Class of fittings : Superior/ordinary/poor 15. Sanitary installations. (a) (i) No. of water closets (ii) No. of lavatory basins (iii) No. of urinals (iv) No. of sinks (v) No. of bath tubs (vi) No. of bidets (vii) No. of geysers (b) Class of fittings : Superior coloured/superior white/ordinary 16. Compound wall. (i) Height and length (ii) Type of construction 17. No. of lifts and capacity 18. Underground Pump- Capacity and type of construction 19. Overhead tank : (i) Where located (ii) Capacity (iii) Type of construction 20. P....
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....d indicate how the value has been arrived at] 10. Value of land(s) 11. I hereby declare that - (a) the information furnished above is true and correct to the best of my knowledge and belief; (b) I have no direct or indirect interest in the land valued; (c) I have personally inspected the land(s) and I have examined the revenue records of village/tehsil . Date . Signature of registered valuer Place . Page 2 of 2 Document 4 FORM O-3 [See rule 8D] Report of valuation of coffee, tea, rubber and cardamom plantations ALL QUESTIONS TO BE ANSWERED BY THE REGISTERED VALUER. IF ANY PARTICULAR QUESTION DOES NOT APPLY TO THE PROPERTY UNDER VALUATION, HE MAY INDICATE SO. IF THE SPACE PROVIDED IS NOT SUFFICIENT, DETAILS MAY BE ATTACHED ON SEPARATE SHEETS Name of registered valuer Registration No. 1. Purpose for which valuation is made 2. Date as on which valuation is made 3. Name of the owner(s) of the plantation 4. If the plantation is under joint ownership/co-ownership, share of each owner. Are the shares undivided ? 5. Particulars of plantation: SI No. Type of plantation (i.e., whether coffee, tea, rubber or cardamom) Survey N....
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....nd quarries ALL QUESTIONS TO BE ANSWERED BY THE REGISTERED VALUER. IF ANY PARTICULAR QUESTION DOES NOT APPLY TO THE PROPERTY UNDER VALUATION, HE MAY INDICATE SO. IF THE SPACE PROVIDED IS NOT SUFFICIENT, DETAILS MAY BE ATTACHED ON SEPARATE SHEETS Name of registered valuer Registration No. 1. Purpose for which valuation is made 2. Date as on which valuation is made 3. Name of the owner/owner(s) of the mine(s)/quarry(ies) 4. If the mine/quarry is under joint ownership/co-ownership, share of each owner. Are the shares undivided? 5. The name and location of the mine(s)/quarry(ies) 6. Area of the mine(s)/quarry(ies) 7. Valuation of the mine(s)/quarry(ies) excluding machinery, plant, buildings and furniture and fittings [The valuer should discuss in detail the factors which have been taken into account including the average annual output during the past three years, the extractable reserves, the area available for extraction, the thickness of the seam, the stage of development, depillaring, geological disturbances, etc.] 8. I hereby declare that (a) the information furnished above is true and correct to the best of my knowledge and belief; (b) I have no di....
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....hat the information furnished above is true and correct to the best of my knoweldge and belief. Date . Place Signature of the assessee . Notes : 1. If the space provided above is not sufficient, details may be attached on separate sheets. 2. If the items of jewellery have been valued by a registered valuer, a copy of the report of such valuer may be enclosed. Page 1 of 1 Document 9 FORM O-9 [See rule 8D] Report of valuation of works of art ALL QUESTIONS TO BE ANSWERED BY THE REGISTERED VALUER. IF ANY PARTICULAR QUESTION DOES NOT APPLY TO THE ASSET UNDER VALUATION, HE MAY INDICATE SO. IF THE SPACE PROVIDED IS NOT SUFFICIENT, DETAILS MAY BE ATTACHED ON SEPARATE SHEETS Name of registered valuer Registration No. 1. Purpose for which valuation is made 2. Date as on which valuation is made 3. Name of the owner(s) of the asset valued 4. If the asset is under joint ownership/co-ownership, share of each owner 5. Full description of the asset valued 6. Valuation of the work(s) of art [The valuer should discuss in detail different factors which have been taken into account in arriving at the valuation] 7. I hereby declare that -- (a....