How to Become a Registered Valuer under the Income Tax Act, 2025
A Registered Valuer under the Income Tax Act, 2025 (Section 514), commonly called an Income Tax Valuer, is a separate registration from IBBI, specifically for valuation reports submitted to the Income Tax Department. The Income tax Rules, 2026 were notified on 20 March 2026 and apply from 1 April 2026.
Why this registration exists separately from IBBI
IBBI registration covers NCLT, IBC, Companies Act and most bank lending purposes. A separate registration under Section 514 of the Income tax Act, 2025 exists specifically for valuation reports submitted to the Income Tax Department, such as capital gains valuations.
Asset classes under Rule 247
- Immovable property
- Agricultural land
- Plantations
- Forests
- Mines and quarries
- Securities and business assets
- Plant and machinery
- Jewellery
- Works of art
- Life interest, reversions and actuarial interests
How to apply: Rule 246
- Submit the application to the prescribed authority under Rule 246
- Pay the application fee (stated as non refundable regardless of outcome)
- Meet the qualification and experience requirements for the relevant asset class
Reporting format: Rule 249
Valuation reports submitted under Section 514 must follow the format prescribed under Rule 249 of the Income tax Rules, 2026.
Fees you can charge
See our Valuation Fee Schedule for the maximum fee a registered valuer can charge under Rule 248, slab by slab.
Frequently asked questions
Do I need both an IBBI registration and a Section 514 registration?
They serve different purposes. IBBI registration is required for NCLT, IBC and most Companies Act and bank lending valuations. Section 514 registration is for valuation reports submitted directly to the Income Tax Department. If your practice touches both types of work, holding both registrations gives you the widest scope of engagements.
When did this framework take effect?
The Income tax Rules, 2026 were notified on 20 March 2026 and apply from 1 April 2026, covering Tax Year 2026-27 onward.
Is the ₹10,000 application fee refundable?
No, the application fee under Rule 246 is stated as non refundable regardless of the outcome of the application.
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