A Chartered Accountant who regularly manages the capital gain affairs of HNI, NRI, and corporate clients will brief registered capital gain valuers as part of their standard practice.
This page is written specifically for that CA — providing the practical brief-to-report workflow, the information checklist for each asset class, and the report-review criteria that confirm the valuation is section-compliant and ITAT-ready.
☎ BRIEF A CAPITAL GAIN VALUER +91 9999992343 →Asset → Purpose → Information → Deadline → Review → Report
A structured briefing helps establish the correct statutory framework, information requirements, deadline and reporting basis before valuation work begins.
Confirm whether the asset was acquired before 1 April 2001 (Section 55(2)(b) election available) or after (actual cost base applies). For multiple assets in one estate or one transaction, list all assets and acquisition dates.
If the asset forms part of a block of depreciable assets under Section 50, the WDV applies and Section 55(2)(b) does not. A2Z Valuers identifies this in the initial briefing stage.
Provide the documentation and information required for the relevant asset class using the information checklist below.
Capital gain computation for return filing; Assessment proceeding defence; CIT(A) first appeal; ITAT evidence; Section 50C rebuttal; estate distribution; or bank requirement.
IT return filing date; Assessment notice response deadline; or ITAT hearing date. A2Z Valuers works to client deadlines and provides expedited turnaround for hearing-linked briefs.
Review the completed report against the statutory, valuation, methodology and registration criteria set out below.
Providing the relevant information at briefing stage allows the registered valuer to establish the correct valuation basis and statutory context.
A CA reviewing a capital gain valuation report from A2Z Valuers should confirm the following elements are present.
The asset is described with sufficient specificity to be unambiguously identified.
1 April 2001 (for base-date election) or the actual acquisition date (for post-2001 acquisitions).
Section 55(2)(b) (base-date election); Section 50C (stamp-duty rebuttal); Section 50B (slump sale); or the relevant rule for unlisted shares.
Fair market value under Section 2(22B) of the Income Tax Act.
The specific comparables used — circle rates, auction records, IBJA rates — are identified and the reasoning from comparables to concluded value is documented.
For property, the concluded FMV on 1 April 2001 does not exceed the stamp-duty circle rate on that date.
The indexed cost of acquisition is computed using the correct CII for the year of sale and the base year (100 for 2001–02).
The difference between sale consideration (or stamp-duty value where Section 50C applies) and indexed cost of acquisition is stated.
The report is signed by a Section 34AB registered valuer whose registration number and category are stated on the report face.
Share the asset class, acquisition date, statutory purpose and deadline. A2Z Valuers can establish the appropriate valuation route and briefing requirements.