Form of Valuation (to be used with such Modifications, if any) as may be Necessary

Form of Valuation (to be used with such Modifications, if any) as may be Necessary

Affidavit of Assets

In the Court of ……………

Re.: Probate of the will of ……………………… (or administration of the property and credits of ………) deceased.

Solemnly Affirm

I, ……………………… make oath ………………… and say that I am the executor (or one of the executors, or one of the next-of-kin) of deceased and that I have truly set forth in Annexure A to this affidavit all the property and credits which the above-named deceased died possessed of or was entitled to at the time of his death, and which have come or are likely to come to my hands.

2. I further say that I have also truly set forth in Annexure B all the items I am by law allowed to deduct.

3. I further say that the said assets, exclusive only of such last-mentioned items, but inclusive of all rents, interests, dividends and increased values since the date of the death of the deceased or under the value of—

Annexure  A

Properties of Deceased

Rs.       P.

Valuation of the movable and
immovable property of deceased

Cash in the house and at banks, household goods, wearing apparel, books, plates, jewels, etc. Property in Government securities transferable at the public debt office ……………… Immovable property consisting of ……………………………

Leasehold property ……………………………………………

Property in public companies …………………………………

Policy of insurance upon life, money out on mortgage and other securities, such as bonds, mortgages, bills of exchange, notes and other securities for money …………………………

(State the amount of the whole; also the interest separately, calculating it at the time of making the application) …………

Book debts ……………………………………………………

Stock in trade ……………… (estimated value, if any ………)

Other property not comprised under the foregoing heads (state the estimated value, if any).

Total

Deduct amount shown in Annexure B not subject to duty.

Net Total


Annexure  B

Schedule of Debts, etc.

Rs.       P.

Amount of debts due and owing from deceased, payable by law out of the Estate …………………………………………

Amount of funeral expenses …………………………………

Amount of mortgage encumbrances …………………………

Property held in trust not beneficially or with general power to confer a beneficial interest.

Other property not subject to duty …………………………

Total

4. The statements contained in paragraphs 1, 2 and 3 of the above affidavit are true to my knowledge.

Solemnly affirmed by the said …… at the Court House on this ……… day of ……… before me.

Commissioner