Who is Valuers?

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 and others.
  • Forests
  • Mines & Queries
  • Stocks, Shares, Debentures and Securities
  • Plant and Machinery
  • Jewellery
  • Works of Arts
  • Life interest, reversion and interest in expectancy