Insertion of new Chapter VII B

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....in this Act, any assessee who is entitled to or required to attend before any wealth-tax authority or the Appellate Tribunal in connection with any matter relating to the valuation of any asset, except where he is required under this Act to attend in person, may attend by a registered valuer. 34AB. Registration of valuers. (1) The Board shall maintain a register to be called the Register of Va....

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....eeding the rate or rates prescribed in this behalf; (iv) not undertake valuation of any asset in which he has a direct or indirect interest. (4) The report of valuation of any asset by a registered valuer shall be in the prescribed form and be verified in the prescribed manner. 34AC. Restrictions on practice as registered valuer. (1) No person, either alone or in partnership with any other....