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<h1>Valuation officer jurisdiction set by asset-value thresholds; stamp duty or claimed values determine allocation of valuations.</h1> Jurisdiction among Regional, District, Valuation and Assistant Valuation Officers is allocated by Board directions, with Regional Officers supervising subordinates. For buildings, lands or rights therein, asset-value thresholds assign functions: District Valuation Officers for assets exceeding five crore, Valuation Officers for assets exceeding one crore up to five crore, and Assistant Valuation Officers for assets up to one crore. Allocation uses stamp duty value where section 78(2) applies, assessee-claimed value under section 91(1), or the latest value in the return; absent return values, District Valuation Officer directions govern. Higher-tier officers may assume lower-tier functions for work management; valuation covers the asset as a whole, including joint ownership.