https://www.taxtmi.com/acts?id=15682 Valuations required under the Act must be performed by a registered valuer with prescribed qualifications and experience, appointed by the audit committee or the Board. The valuer must make an impartial, true and fair valuation, exercise due diligence, follow prescribed rules, and avoid any direct or indirect interest in the assets valued. Breach of the section or rules attracts penal sanctions, and conviction renders the valuer liable to refund remuneration and to pay damages for loss arising from incorrect or misleading statements in the valuation report. en-us Thu, 22 Dec 2011 16:37:00 +0530 Thu, 22 Dec 2011 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15682 Valuations required under the Act must be performed by a registered valuer with prescribed qualifications and experience, appointed by the audit committee or the Board. The valuer must make an impartial, true and fair valuation, exercise due diligence, follow prescribed rules, and avoid any direct or indirect interest in the assets valued. Breach of the section or rules attracts penal sanctions, and conviction renders the valuer liable to refund remuneration and to pay damages for loss arising from incorrect or misleading statements in the valuation report. Act-Rules Bills Thu, 22 Dec 2011 16:37:00 +0530 https://www.taxtmi.com/acts?id=15682