I want to know wheather ' Wealth tax registration ' is required for already ' a certified registered chatered engineer ' of Government of kerala ( Reg.No. E-2050/08/7670/KKD/305/2015/EA) to do valuation for banks.
If yes, what are procedures to get a ' Wealth Tax Registration'.
Your immediate reply is highly appreciated.
Regards,
Anil Thampan
Conflicting Opinions on Wealth Tax Registration for Chartered Engineers Valuing for Banks; Section 34 AB (2) Referenced. A query was raised about the necessity of wealth tax registration for a certified chartered engineer in Kerala to perform valuations for banks. One response stated that the Wealth Tax Act is not applicable and not in force, suggesting no registration is needed. Another response indicated that registration is required under Section 34 AB (2) of the Wealth Tax Act, advising the submission of an application for registration as a valuer under the Wealth-tax Act, 1957. (AI Summary)