Income Tax Law
Income-tax Act, 2025 · CHAPTER XXIII — MISCELLANEOUS

Section 513Appearance by registered valuer in certain matters

Income-tax Act, 2025 (30 of 2025)
(1)
Any assessee, entitled or required to attend before any income-tax authority or the Appellate Tribunal in matters relating to the valuation of any asset, may attend through a registered valuer.
(2)
The provisions of sub-section (1) shall not apply, where the assessee is required to attend personally for examination on oath or affirmation under section 246.
(3)
For the purposes of this section, the expression “registered valuer” means a person registered as a valuer under section 514.
This section refers to
§ 246 Power regarding discovery, production of evidence, etc
§ 514 Registration of valuers
Referenced by
Rule 56 Meaning of expressions used in determination of fair market value