A Doctor new house construction value rs:2 crores completed f.y.23-24.
question:
new house construction certificate by engineer ( income tax valuer) compulsory for it purpose.
When it comes to construction property, a builder or engineer will give property owner a complete certificate which is required to avail other facilities like water and eb so on.
Or If you asked about assertain the exact value of property. There are a certificate and authorized valuer like Engineer or Chartered accountant.
1) Complition Certificate - you must get from builder or Engineer which is proof of possession of the property when you claim your home loan interest.
2) Buying or construct a residential property valuation certificate will be useful when you declare your source of funds.
If you elobrate your question in details, we can give you a suggestions.
Thanks.
CAclubindia
