Valuer registration requires prescribed application, declarations, impartial valuation duties, fee payment procedure and character references. Form N prescribes the application procedure for registration as a valuer under section 34AB of the Wealth-tax Act, 1957, requiring personal and professional particulars, proof of qualifications, details of valuation experience and a list of assets valued, disclosure of tax liabilities, criminal or misconduct history, and three non-relative referees. Applicants must declare non-disqualification under the Wealth-tax Rules and undertake to provide impartial valuations, furnish reports in the prescribed form, charge fees within Board-prescribed rates, avoid valuing assets where they have an interest, and verify the truth of submitted particulars and enclosures.
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Valuer registration requires prescribed application, declarations, impartial valuation duties, fee payment procedure and character references.
Form N prescribes the application procedure for registration as a valuer under section 34AB of the Wealth-tax Act, 1957, requiring personal and professional particulars, proof of qualifications, details of valuation experience and a list of assets valued, disclosure of tax liabilities, criminal or misconduct history, and three non-relative referees. Applicants must declare non-disqualification under the Wealth-tax Rules and undertake to provide impartial valuations, furnish reports in the prescribed form, charge fees within Board-prescribed rates, avoid valuing assets where they have an interest, and verify the truth of submitted particulars and enclosures.
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