ISSUE IN REGISTRATION AS A VALUER UNDER 34AB

[Guest]

DEAR SIR,

I HAVE SOME ISSUES IN REGISTERING AS A VALUER UNDER 43AB OF THE WEALTH TAX ACT, 1957. I GOT APPLICATION REGARDING THIS BUT CHALLAN FOR PAYMENT OF REGISTRATION FEES ARE NOT SHOWING. ALSO IN THE FORM IT IS MENTIONED THAT WE NEED TO SEND THE ORIGINAL BE CERTIFICATE AND DOB PROOF . SO PLEASE HELP ME OUT REGARDING THIS.

REGARDS,

KARTHIK R

9632954241

[Mahir S]

Karthikji,

The Application is required to be made in Form N with fees of ₹ 1000. In case, the application gets rejected, then Fee amount gets reimbursed.

Yes, Original copy of Degree and DOB are to be enclosed which shall be returned back afterwards, as indicated at point no 6 and 7 of said Form N.

You may also refer to Section 34AB of the Wealth Tax Act.

AI Summary

Issue Raised on Valuer Registration Under Section 34AB: Fee Payment and Documentation Requirements Clarified An individual raised an issue regarding registration as a valuer under Section 34AB of the Wealth Tax Act, 1957, specifically about the non-display of the challan for payment of registration fees. The individual also inquired about the requirement to send original certificates and proof of date of birth. In response, it was clarified that the application should be made using Form N with a fee of 1000, which is refundable if the application is rejected. It was confirmed that original documents must be enclosed and will be returned, as detailed in Form N.