A properly prepared capital gain valuation certificate is not simply a statement of value. It records the statutory basis, valuation methodology, asset details, applicable tax provision and final Fair Market Value in a format that can be reviewed by your CA, Assessing Officer, DVO or court.
Each certificate is structured around the facts of the asset and the statutory provision for which the valuation is required.
A2Z Valuers letterhead; certificate number; Nitesh Shrivastava’s name and Section 34AB registration number and category; valuation date; and the statutory purpose (Section 50C / Section 55(2)(b) / Rule 11UA / Section 50CA).
The specific provision cited; the applicable rule (Rule 11UA / Rule 11UAE); and the FMV standard — open market price on the valuation date as per Rule 11U.
Property address / jewellery description / artwork details; area / weight / medium and dimensions; and acquisition history from the available documents.
Where applicable, the certificate records the Stamp Duty Value (SDV), the Fair Market Value (FMV) established, the differential between them and the Section 50C(2) challenge basis.
Where applicable, the certificate establishes the FMV as on 1 April 2001, records the methodology and comparables from the relevant period, and explicitly dates the valuation to 1 April 2001.
Where applicable, improvements are identified, PWD SOR rates are applied, and the resulting Cost of Improvement (CoI) quantum is stated.
Where applicable, the certificate provides a Method A vs Method B comparison, including CII indexed cost computation and identification of the optimal method.
The certificate concludes with the specific rupee value determined for the asset at the applicable valuation date.
The certificate is signed personally by Nitesh Shrivastava, with the Section 34AB registration certificate attached and the official stamp applied.
A PDF digital copy is provided for your CA’s files and income tax return submission.
A bound hard copy carrying the original signature and official stamp is available for presentation to the Assessing Officer, DVO or court.
For multi-asset estates, individual certificates can be prepared for each asset class, together with a consolidating capital gain computation summary note.
Discuss your property, jewellery, art, shares or multi-asset requirement with our valuation practice.