The CBDT, via Notification No. 120/2026 dated 24 September 2026, has extended the registration validity for Registered Valuers and Authorised Income-tax Practitioners until 31 March 2027. The notification also introduces revised Forms 169 and 171 for registration and renewal applications. This move provides continuity for professionals engaged in valuation and tax practice while the regulatory framework undergoes further refinement.
Key Takeaways
- Registration Extension: Existing registered valuers and authorised practitioners can continue operating without interruption until 31 March 2027, avoiding a regulatory cliff.
- Updated Application Forms: New Forms 169 (for valuers) and 171 (for practitioners) incorporate enhanced eligibility criteria and documentation requirements, aligning with recent quality standards.
- Transition Period: Professionals should prepare to migrate to the revised forms ahead of the 2027 deadline to ensure seamless renewal.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement