Valuer registration rules require prescribed application, fee, transitional recognition, and later examination compliance. Application for registration as a valuer under section 514 is to be made in Form No. 169, verified in the prescribed manner, and accompanied by a non-refundable fee. Pending applications before the specified authorities are treated as applications under this rule without further fee, and fees already paid are refundable if the applicant becomes ineligible under the prescribed qualifications. Existing registered valuers under the Wealth-tax Act continue under section 514, must update details by the prescribed date without fee, and must qualify in a notified examination or face cancellation of registration.
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Valuer registration rules require prescribed application, fee, transitional recognition, and later examination compliance.
Application for registration as a valuer under section 514 is to be made in Form No. 169, verified in the prescribed manner, and accompanied by a non-refundable fee. Pending applications before the specified authorities are treated as applications under this rule without further fee, and fees already paid are refundable if the applicant becomes ineligible under the prescribed qualifications. Existing registered valuers under the Wealth-tax Act continue under section 514, must update details by the prescribed date without fee, and must qualify in a notified examination or face cancellation of registration.
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