https://www.taxtmi.com/caselaws?id=265214 The court quashed the order rejecting the petitioners' application for registration as a "Valuer of Immovable Property" under the Wealth Tax Act, 1957. It held that the petitioners' earlier registration did not confer an indefeasible right, and the Chief Commissioner had the authority to reconsider and potentially delete their registration. Additionally, the court ruled that the required experience for valuers did not need to be gained after obtaining the educational qualifications, contrary to the interpretation by the respondents. The court directed the respondents to reevaluate the petitioners' applications within two months. en-us Thu, 01 Oct 2015 00:00:00 +0530 Wed, 07 Oct 2015 08:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265214 The court quashed the order rejecting the petitioners' application for registration as a "Valuer of Immovable Property" under the Wealth Tax Act, 1957. It held that the petitioners' earlier registration did not confer an indefeasible right, and the Chief Commissioner had the authority to reconsider and potentially delete their registration. Additionally, the court ruled that the required experience for valuers did not need to be gained after obtaining the educational qualifications, contrary to the interpretation by the respondents. The court directed the respondents to reevaluate the petitioners' applications within two months. Case-Laws Income Tax Thu, 01 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265214