https://www.taxtmi.com/acts?id=51814 Section 269 permits the Assessing Officer to refer any asset, property or investment to a Valuation Officer for estimation of value, including fair market value, and requires the Valuation Officer to inspect, survey and, with notice and consent where necessary, access premises and relevant books and documents; if cooperation is refused, the Valuation Officer has court-like powers to secure discovery and attendance. The Valuation Officer must consider the assessee's evidence, give an opportunity of being heard, report to the Assessing Officer and the assessee, may amend reports for apparent mistakes, and the Assessing Officer may take the report into account in assessment or reassessment. en-us Thu, 14 Aug 2025 17:20:26 +0530 Tue, 19 Aug 2025 17:47:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51814 Section 269 permits the Assessing Officer to refer any asset, property or investment to a Valuation Officer for estimation of value, including fair market value, and requires the Valuation Officer to inspect, survey and, with notice and consent where necessary, access premises and relevant books and documents; if cooperation is refused, the Valuation Officer has court-like powers to secure discovery and attendance. The Valuation Officer must consider the assessee's evidence, give an opportunity of being heard, report to the Assessing Officer and the assessee, may amend reports for apparent mistakes, and the Assessing Officer may take the report into account in assessment or reassessment. Act-Rules Income Tax Thu, 14 Aug 2025 17:20:26 +0530 https://www.taxtmi.com/acts?id=51814