• Email: contact@lmspropertyvaluers.com
  • Mob: +91 9823027791

PURPOSE

FOR PROMPT & EXCELLENT SERVICES REGARDING VALUATION OF ORNAMENTS, LAND & BUILDING, i.e., FOR ALL MOVABLE & IMMOVABLE PROPERTIES FOR THE PURPOSE OF WEALTH-TAX, CAPITAL GAIN TAX, INCOME TAX PURPOSE, GIFT TAX PURPOSE, INSURANCE PURPOSE, FINANCE PURPOSE, PROBATE, FAMILY DIVISION, etc.

In order to get the best suggestions, excellent work, and prompt services in respect of the valuation of ornaments, land & buildings, we may be contacted. We have also added additional manpower and other facilities for giving maximum services to our clients. As you are aware, we have been in this line for more than a decade and have experience and worked under earlier amnesty schemes: CBDT: 1985-86 and VDIS 1997 also.

PROCESS FOR GETTING VALUATION REPORT SHOWING (FMV) FAIR MARKET VALUE OF PROPERTY AS ON 1981 AND 2001 FOR CAPITAL GAINS TAX PURPOSE:

1. Call 9823027791
2. Provide us the details and scanned copy of the required property documents.
3. Our Govt. Regd. Valuers will assess the value of the property and prepare a valuation report.
4. We will complete the property valuation report within the stipulated time.

Please contact Valuers & Engineers at 9823027791 for a fair market value of 2001 to procure a property valuation report from Govt. Approved Valuers.

VALUATION FOR CAPITAL GAIN TAX

A valuation report is provided for both movable & immovable property as of 2001 for capital gains tax purposes. Valuers & engineers provide property valuation for the following purposes:

  • Income Tax: The buyer/seller of the property may need to submit a valuation report to the income tax authorities for calculating short/long-term capital gains as per the fair market value of the property as of 2001 & 1981.
  • Capital Gains Tax: The seller of any property will have to submit a detailed Valuation Report of fair market value as of 01st April, 2001 (if the property is acquired before 2001) accompanied by the Income Tax Returns (ITR) to substantiate the calculation of Long Term Capital Gains Tax (LTCG) on the sale of the property. If an immovable property has been sold on/after 01st April 2017, then it is probably required to submit a valuation report from a government-registered valuer detailing the fair market value (FMV) of the property as of 01st April, 2001, for calculating long-term capital gain on the sale of the property. In the absence of Circle Rates, a valuation report will be needed to determine the cost of acquisition (fair market value) of the property.
  • VISA, Immigration, PR, Citizenship Abroad: A valuation report may be needed for detailing the net worth of a person for procuring a VISA and going to any country abroad. The countries may be Canada, the USA, the UK, Australia, New Zealand, Singapore, etc., for higher studies, as tourists, student visas, PR, or work permits.
  • Bank Loan: A valuation report may be required by the bank or any financial organization for sanction of the loan. It may be a housing loan or a loan against any property based on its valuation.
  • Sale/Purchase: A buyer may need a valuation report to know the maximum amount that may be needed to pay for the property and would help a seller to know the actual worth or fair market value of the property.
  • Family Partition: Family members may need a property valuation report to substantiate and support their claims based on their share in case of joint family property that needs to be divided among them.
  • Insurance: The insurance company may need a valuation report for deciding & calculating the insurance premium. It may also be needed in assessing the claim amount.
  • Wealth Tax: Property owners may need to get property valued for computing wealth and also for payment of wealth tax.