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Issue ID : 111061
- 0 -

Wealth Tax Registration

Date 24 Oct 2016
Replies2 Answers
Views 1064 Views
Asked By

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

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Replied on Oct 24, 2016
1.

In my view wealth tax act is not applicable. Not in force.

- 0
Replied on Oct 25, 2016
2.

Yes , it is required to be registered under Section 34 AB (2) of the Wealth Tax Act.

Regarding procedure, you have to make an Application for registration as a valuer under section 34AB of the Wealth-tax Act, 1957.

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