If you are a registered valuer or an authorised income-tax practitioner, you have more time to register under the Income-tax Rules, 2026. CBDT's Income-tax (Fourth Amendment) Rules, 2026 (Notification No. 120/2026 dated 17 September 2026) moved the deadline.
The new deadline
| Rule | Earlier deadline | Now |
|---|---|---|
| Rule 246(4): valuers | 30 September 2026 | 31 March 2027 |
| Rule 256(4): authorised income-tax practitioners | 30 September 2026 | 31 March 2027 |
These extensions apply from the date the notification was published.
Revised forms
- Form No. 169, the application for registration as a valuer under section 514 of the Income-tax Act, 2025, has been replaced. It asks for personal details, the class of asset you want to value, qualifications and experience (including a list of assets valued in the last three years), any earlier registration under the Wealth-tax Act, and declarations about disqualifications.
- Form No. 171, used for authorised income-tax practitioners, has also been revised.
Other changes in the same notification
The notification also makes technical changes, some applying from 1 April 2026. Examples include allowing communication "by way of an electronic communication" instead of only by affixing a digital signature in one rule, and removing several sub-rules about arrest and detention from the rules on recovery.
What to do
- If you haven't registered under the new rules yet, plan to apply well before 31 March 2027.
- Gather your qualification documents and your list of valuation assignments for the last three years (for valuers).
- Use the revised Form 169 or 171. Applications in the old format may be rejected.
