Approved valuer registration requires entry in Register of Valuers with prescribed application, fee and opportunity to be heard. The rule requires the Principal Commissioner or Commissioner to maintain a Register of Valuers and permits persons registered under the Wealth-tax Act to apply for approval as valuers by submitting Form 8 with a non refundable fee; the Commissioner must approve within the prescribed period unless, after giving a reasonable opportunity of being heard, the application is found to contain incorrect or false details and is rejected.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Approved valuer registration requires entry in Register of Valuers with prescribed application, fee and opportunity to be heard.
The rule requires the Principal Commissioner or Commissioner to maintain a Register of Valuers and permits persons registered under the Wealth-tax Act to apply for approval as valuers by submitting Form 8 with a non refundable fee; the Commissioner must approve within the prescribed period unless, after giving a reasonable opportunity of being heard, the application is found to contain incorrect or false details and is rejected.
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