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of <h1>Valuers Must Report Convictions or Misconduct to Authorities Under Section 34ACC of Wealth Tax Act 1957</h1> Section 34ACC of the Wealth Tax Act, 1957 mandates that any person registered as a valuer, or who has applied for such registration, must inform the Chief Commissioner or Director General if they are convicted of an offense and sentenced to imprisonment, or found guilty of professional misconduct by a relevant association or institution. This requirement ensures that the authorities are promptly notified of any legal or professional infractions by registered valuers, maintaining the integrity and accountability of the profession.
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