Electrical Valuer

What is Value ?

Amount of commodity, money etc. consider equivalent for something else, material monetary worth, desirability, utility, qualities on which it depends. Value is the actual worth of a particular object Value for which a willing seller will part with the land in favour of willing buyer, Value is an estimate of the cost of a commodity on certain date depending on its utility, scarcity, transferability and marketability.

What is Valuation?

Valuation is an opinion of an expert, who assesses the value of an asset. His assessment depends on the purpose for which the evaluation is sought, his honest judgment and the most important factor – his experiences.

Who is a Valuer?

The one who estimates or assesses the value professionally. He is an expert in his field. He is authorized to declare the worth of a particular commodity, may be it property/machine/gold or any other item. The license to act is issued by Chief Commissioner of Income Tax. The main categories under which the license is issued are:

Immovable Properties

Agricultural Lands

Plantations – Coffee, Tea, Rubber, Cardamom, others.


23. Property Tax

What is an Asset ?


Immovable Properties : All types of Buildings: house,flat, apartment, cottage, commercial complex, office, shop,industries, etc.

Plant and machinery


Works of Arts

Plantations – Coffee, Tea, Rubber, Cardamom, others.


Mines & Queries

Stocks, Shares, Debentures, Securities

Plant and Machinery


Life interest, reversion and interest in expectancy

All types Motor Vehicles