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<h1>Valuation Officers' Responsibilities: Asset Valuation Based on Value Tiers; Transfers Effective from February 13, 2009</h1> Regional Valuation Officers oversee District Valuation Officers, Valuation Officers, and Assistant Valuation Officers within designated areas as directed by the Board. These officers perform valuation functions based on asset classes and areas. If an asset's declared value exceeds Rs. 300 lakhs or is undisclosed, the District Valuation Officer handles it. For assets valued between Rs. 40 lakhs and Rs. 300 lakhs, the Valuation Officer is responsible, while assets below Rs. 40 lakhs fall under the Assistant Valuation Officer. Provisions allow higher officers to manage lower-tier valuations for efficiency. Pending valuations as of February 13, 2009, are transferred based on asset value.