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Government Approved Art Appraisal

Insights from the Practice — Government Approved Art Appraisal

Working notes and longer essays on the questions collectors, estate executors, Chartered Accountants, and institutions ask about Government Approved art appraisal in India — why the gallery’s certificate isn’t sufficient for income tax or insurance; why the same PAG work has five different values depending on the purpose; how to maintain a collection’s documentation through acquisitions, sales, and generational transfer; and what the ₹119 crore Christie’s Husain sale means for the wider PAG market.

Market Intelligence Statutory Context Collector Advisory
Practice Knowledge

Suggested Launch Articles For Future Outlook

A developing body of specialist articles covering the Indian art market, statutory valuation, collection management, provenance, taxation and the independent role of a Government Approved Art Appraiser.

01
Appraisal Fundamentals

The Five Questions Art Appraisal Answers — and Why Each Has a Different Answer for the Same Work

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02
Independence

Why the Gallery Certificate Isn’t Enough: The Independence Requirement in Government Approved Art Appraisal

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03
Insurance Appraisal

Under-Insurance: Why the PAG Market’s Appreciation Has Left Most Indian Art Collections 50–80% Under-Insured

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04
Capital Gains

Section 55(2)(b) and the Art Collection: How the 1 April 2001 Retrospective Appraisal Reduces Your Capital Gain

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05
Section 80G

Section 80G Timing: Why the Art Donation Appraisal Must Be Contemporaneous to Be Fully Defensible

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06
PAG Market

The ₹119 Crore Husain: What the Christie’s March 2025 Sale Means for the PAG Market and Your Collection

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07
Pre-Sale Appraisal

Pre-Sale Appraisal vs Auction House Estimate: Why You Need Both Before Consigning

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08
Collection Management

Collection Management: The Appraiser’s Ongoing Relationship with the Collector

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09
Provenance Research

Provenance Research in Practice: How to Build the Documentation Chain That Protects Your Collection’s Value

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10
Estate Planning

Art in Estate Planning: Why the Collection Appraisal Determines Every Heir’s Future Capital Gain

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11
Acquisition Due Diligence

Acquisition Due Diligence: What to Check Before Bidding on Significant Art at Auction

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12
PAG Artist Market

Gaitonde, Husain, Souza, Raza, Tyeb Mehta: The PAG Artist’s Market Position Explained

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Need Independent Art Appraisal?

Discuss Your Art Collection With a Government Approved Appraiser

Whether you need an appraisal for insurance, taxation, estate planning, donation, acquisition, pre-sale review, provenance or ongoing collection management, speak with A2Z Valuers for an independent professional assessment.

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