Analysis of Registered Valuer Representation in Income Tax Proceedings : Clause 513 of the Income Tax Bill, 2025 Vs. Section 287A of the Income-tax Act, 1961

Income Tax Bill 2025 Clause 513 allows registered valuers to represent assessees in valuation matters before authorities

The Income Tax Bill 2025's Clause 513 modernizes the procedural right for assessees to be represented by registered valuers in valuation matters before income-tax authorities or the Appellate Tribunal. This provision largely mirrors Section 287A of the Income-tax Act 1961 but introduces key updates. The main change involves defining 'registered valuer' through the Bill's internal Section 514 rather than relying on the outdated Wealth-tax Act 1957 definition. The clause maintains the exception preventing valuer representation when personal examination under oath is required, now referencing Section 246 instead of Section 131. This modernization aims to enhance the quality and accountability of valuation evidence while aligning with contemporary professional standards. The updated framework requires existing valuers to comply with new registration requirements and may necessitate transitional provisions to address the shift from the old regime.