Registration as a Valuer under wealth tax act. Approved valuer

[suneel moti]

Sir. I want to know regarding getting registered as an Approved valuer and registered under wealth tax act as applicable. Myself bascically a consulting civil gradute engineer practising since 15+ years in construction field. I need the details w r t procedures and criteria to be followed and necessary forms to be completed respectively.

Thank you,

Suneel S Moti

(m) > 9663042555.

[DR.MARIAPPAN GOVINDARAJAN]

The Companies Act, 2013 provides for the registration of valuers and the provisions have been recently notified. The Insolvency and Bankruptcy Board of India has been appointed as the authority for carrying out the registration of valuer procedures. Rules have been framed in this regard. The Board is yet to frame the workings in this regard.

AI Summary

Registration of valuers under companies law now subject to new rules, but operational registration procedures remain pending. Registration as an approved valuer is governed by companies law, which provides for registration of valuers and framing of rules; an insolvency board has been appointed as the registering authority and rules are in place, but the Board has not yet finalised the operational procedures required to complete registrations.