CBDT notifies revised Form for registration as valuer & authorised income tax practitioner

CBDT notifies revised Form No. 169 for making application for registration as a valuer under section 514 and authorised income tax practitioner u/s 515 of Income-tax Act, 2025

CBDT has issued Notification No. 120/2026 dated 17/09/2026 to notify Income-tax (Fourth Amendment) Rules, 2026 w.e.f. 1st day of April, 2026 making amendments to registration of a valuer and authorised income tax practitioner.

For the purposes of registering as valuer of a class of asset, one of the following class of assets shall be filled:

1. Immovable property (other than agricultural lands, plantations, forests, mines and quarries).

2. Agricultural lands, other than coffee plantation, tea plantation, rubber plantation or cardamom plantation.

3. Coffee plantation, tea plantation, rubber plantation or cardamom plantation.

4. Forest

5. Mines and quarries.

6. Stocks, shares, debentures, securities, shares in partnership firms and of business assets, including goodwill but excluding those mentioned at serial numbers 1 to 5 and 7 to 11.

7. Machinery and plant.

8. Jewellery.

9. Works of art.

10. Life interest, reversions and interest in expectancy.

11. Any other asset

This form must be accompanied by a fee of Rs. 10,000. No fee shall be required, in case of valuers already registered under Wealth-tax Act, 1957 (27 of 1957)

Further, as per amendment, where a person is already registered as a valuer under Wealth-tax Act, 1957 holding a valid certificate of registration as on the 31st March, 2026, he will continue to be a registered valuer under section 514, but that he is required to update his details by filing application as referred in sub-rule (1) by the 31st March, 2027.

Similarly, where a person is already registered as income-tax practitioner under the Income-tax Act, 1961 holding a valid certificate of registration as on 31st March, 2026 he shall continue to be a registered income-tax practitioner under section 515, but he shall be required to update his details by filing application by the by the 31st March, 2027

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