Jurisdiction of Valuation Officers as per section 2(110) read with section 269
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....rect, general supervision over the work of District Valuation Officers, Valuation Officers and Assistant Valuation Officers; (b) District Valuation Officers, Valuation Officers and Assistant Valuation Officers shall perform the functions of a Valuation Officer in respect of such areas and in relation to such class of assets, properties or investments, as the Board may direct; and ....
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.... rupees and up to five crore rupees 3 Assistant Valuation officer Up to one crore rupees (2) The value of any asset, for the purposes of sub-rule (1)(c) shall be, where a reference is made under section 78(2), the stamp duty value of the capital asset. (3) The value of any asset, for the purposes of sub-rule (1)(c) shall be, where a reference is made under section 91(1), the value c....
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