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How to calculate professional fee ?

 
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djagan1949



Joined: 07 Jan 2009
Posts: 285

PostPosted: Wed Jun 14, 2017 3:36 pm    Post subject: How to calculate professional fee ? Reply with quote

Sirs,

We do Revaluation for projects of value varying from Rs. 5 Cr to Rs. 50 Cr. When we demand Rs. 10000/ as fee which is maximum payable limit, the bank says since revaluation they will give 50 % fee only and restrict payment to Rs. 5000/. This logic appaers to be erroneous and we do not get fee for the work done and risk exposure. Can anyone give authority/reference about eligible fee so that we can represent the same to managemnt.

Regards

Vr. D. Jagannathan

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