Income Tax Law
Income-tax Rules, 2026
Rule 248Charging of fe e and submission of valuation report under section 514
Income-tax Rules, 2026 · G.S.R. 198(E), dated 20-03-2026
(1)Subject to the provisions of sub-rules (2) and (3), the fees to be charged by a registered valuer for valuation of any asset shall not exceed the amount calculated at the following rates:––
(a)on the first ₹ 500000 of the asset as valued 1/2 % of the value;
(b)on the next ten lakhs rupees of the asset as valued 1/5 % of the value;
(c)on the next forty lakhs rupees of the asset as valued 1/10 % of the value; and
(d)on the balance of the asset as valued 1/20 % of the value.
(2)Where two or more assets are required to be valued by a registered valuer at the instance of an assessee, all such assets shall be deemed to constitute a single asset for the purposes of calculating the fees payable to such registered valuer.
(3)Where the amount of fees calculated in accordance with sub-rules (1) and (2) is less than ₹ 5000, the registered valuer may charge ₹ 5000 as his fees.
(4)The report of valuation by a registered valuer in respect of any asset under section 514(3), shall be in the Form No. 170.