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2015 (11) TMI 27 - HC - Wealth-taxRejection of application for registration as a valuer under Section 34-AB of the Wealth Tax Act, 1957 - Held that:- Central Government is responsible for the appointment of Valuation Officers, according to Section 12A of the Wealth Tax Act, 1957 and the conditions of service are also listed in the Central Government. Besides, the petitioner does not possess the necessary qualification and experience in the field of Civil Engineering and according to the amended Rule 8-A (2) (ii) of the Wealth Tax Rules of 1995 and the amendment, which came into effect on 31/01/1995, the petitioner does not possess the necessary qualification and experience in the field of Civil Engineering and the application has thus been rightly rejected by respondent No.1 The Chief Commissioner of Income Tax. The basic qualification of an Engineer is a degree on the Civil side and since the matter pertains to being appointed as a valuer of immovable property, land or machinery, and the basic qualifications either being Civil Engineer, Architecture or Town Planning can not be marginalized or blinked away. Hence, we find that the submissions put forth by the Counsel for the petitioner can not be accepted and the petition must be dismissed as being without merit. - Decided against assessee.
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