34 AB Form – Apply for Valuer Registration Under Section 34AB

The 34 AB form is an official application for registration as a valuer under Section 34AB of the Wealth-tax Act, 1957. This two-page document collects personal details, professional qualifications, valuation experience, and character references required for official recognition. Registered valuers gain legal authority to assess specific asset classes for wealth tax purposes. Click the button below to fill out and download the form.

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34 Ab Form PDF Details

Applying for registration as a valuer under Section 34AB of the Wealth-tax Act, 1957 requires submitting this application to the Wealth Tax Commissioner of your jurisdiction. The form gathers personal and professional details to verify that each applicant meets the statutory requirements.

Applicants must provide the following information and documents:

Full name, contact information, and Permanent Account Number (PAN)

Proof of age and original educational and professional qualification certificates

Membership details for any recognized professional or technical institutions

Current occupation and existing partnership details if already practicing as a valuer

A list of assets valued or works executed in the past three years

References from individuals familiar with the applicant's professional conduct

Disclosure of outstanding tax liabilities, past convictions, or professional misconduct

After submission, the Wealth Tax Commissioner reviews the application and registers the applicant if all requirements are satisfied. See also related tax registration update forms and annual income tax return forms available on FormsPal.

Question	Answer
Form Name	34 AB Form
Form Length	2 pages
Applicable Law	Wealth-tax Act, 1957, Section 34AB
Submission Authority	Wealth Tax Commissioner
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	registration as a valuer under section 34ab of the wealth tax act 1957, wealth tax registration, registration as a valuer under section 34ab, valuer registration challan

Form Preview Example

FORM N

[See rule 8B]

Application for registration as a valuer under section 34AB of the Wealth-tax Act, 1957

Chief Commissioner/Director

General,

Sir,

I hereby apply for registration as a valuer of ______ [class of assets] under section 34AB of the Wealth-tax Act,

1957. The following particulars are furnished herewith :-

1.Name in full (block letters)

2.Father’s/husband’s name

3.Permanent address

4.Present address :

(i)Office

(ii)Residence

5.Income-tax Permanent Account Number

6.Date of birth [Proof of age to be sent in original with a true copy thereof. The original will be returned after perusal]

7.Educational qualifications, including professional or technical qualifications [Enclose original degree or diploma certificates together with attested copy of each. The originals will be returned after perusal]

8.If member of any professional or technical institution, give particulars

9.(a) Present occupation

(b)If a partner of a firm, name, address and business/ profession of the firm

10.If already engaged in the profession or calling of a valuer, whether-

(a)on your own behalf

(b)in partnership with others [Give name and address of other partners]

11.Date of commencement of practice as a valuer

12.Give full details of your experience which qualifies you for registration as a valuer. A list of assets valued or works executed during the last three years should be enclosed

13.Whether you have been appointed as valuer under section 4 of the Estate Duty Act, 1953? If so, give date of notification

14.Name, occupation and address of three persons (not being relatives or business partners) with whom you have had regular contract over the last five years (one of whom should preferably be a valuer) and of whom you authorise the Chief Commissioner or the Director General to enquire regarding your reputation and character.

15.(a) State, if any, liability towards income-tax, wealth-tax or gift-tax is outstanding against you

(b)If so, whether satisfactory arrangements for payments thereof have been made

[Attach certificate from the Assessing Officer]

16.Whether you have been convicted of any offence and sentenced to a term of imprisonment? If so, give details of offence and sentence

17.Whether you have been found guilty of misconduct in your professional capacity? If so, give details

RUSHABH

I hereby declare that I am not disqualified from applying for registration by reason of any of the provisions contained in clauses (a) to (c) of sub-rule (13) of rule 8A of the Wealth-tax Rules, 1957.

I further declare that I shall-

(a)make an impartial and true valuation of any asset which I may be required to value;

(b)furnish the report of such valuation in the prescribed form;

(c)charge fees at a rate not exceeding the rate or rates prescribed by the Board in this behalf; and

(d)not undertake any valuation of any asset in which I have a direct or indirect interest.

Signature

Verification

I,____________ [name in block letters], do declare-

(i)that what is stated in the above application is true and correct to the best of my knowledge and belief, and

(ii)that the documents sent herewith are the originals or true copies thereof.

Place

Date	Signature
List of enclosures :

Notes:

1.Please see rule 8A of the Wealth-tax Rules, 1957.

2.This Form must be accompanied by a fee of Rs. 1, 000. It is suggested that the fee should be credited in a branch of the authorised bank or a branch of the State Bank of India or a branch of the Reserve Bank of India after obtaining a challan from the Assessing Officer. The receipted challan should be enclosed along with the application. The Central Board of Direct Taxes will not accept cheques, drafts, hundies, or other negotiable instruments

RUSHABH

How to Edit 34 Ab Form Online for Free

The 34 AB form is a two-page application for registration as a valuer under Section 34AB of the Wealth-tax Act, 1957. Follow these eight steps to fill it out correctly and submit a complete application package to the Wealth Tax Commissioner. Having all documents ready before you start will prevent delays and avoid rejection.

Collect your documents first. You will need your PAN card, proof of age, and original qualification certificates. Gather these before you start filling out the form.
Fill in your personal information. Write your full legal name, residential address, and phone number in the Personal Information section. Use capital letters for names.
Enter your Permanent Account Number. Your PAN is required by law under Section 34AB registration rules. Double-check the number before submitting.
List your professional qualifications. Include your academic degrees and any membership in recognized professional valuation bodies. Write the institution name and the year you joined.
Describe your valuation experience. List every valuation assignment you completed in the past three years. Include the asset type, estimated value, and date of each assignment.
Add two professional references. Provide the name, address, and contact number for two people who know your professional work. They should not be family members.
Disclose any past issues. Declare outstanding tax dues, criminal convictions, or prior professional misconduct. Hiding this information can lead to rejection of your 34 AB form application.
Sign and submit. Read the declaration at the end of the form. Sign it and attach the registration fee challan. Deliver the complete package to the Wealth Tax Commissioner's office in your area.

What Documents Do You Need for Section 34AB Registration?

The Wealth Tax Commissioner requires specific documents to confirm your identity, professional qualifications, and practical valuation experience before granting a registration certificate. Missing even one document can delay your application by weeks. Submit original documents along with self-attested photocopies of each item listed below.

Proof of identity. A copy of your PAN card is mandatory. You may also include an Aadhaar card or passport as supporting identity proof.
Proof of age. Submit a birth certificate, Class 10 mark sheet, or passport showing your date of birth.
Educational certificates. Include mark sheets and degree certificates for all relevant qualifications. Engineering, law, or CA degrees are commonly accepted.
Professional membership cards. If you belong to a recognized valuation institute, include your current membership certificate.
Experience records. Prepare a list of your recent valuations. Include client names, asset descriptions, values assessed, and the dates of each assignment.
Character references. Ask two senior professionals in your field to write short reference letters. These must not be relatives.
Registration fee challan. Obtain a bank challan for the registration fee prescribed under the Wealth-tax Rules, 1957. Attach the original challan to the form.

Keep a complete photocopy of the entire submission package for your own records before you hand it in.

What Happens After You Submit the 34 AB Form?

The Wealth Tax Commissioner's office reviews your application and attached documents in detail before making a decision. This review process typically takes several weeks to complete. The office first checks that all required items are present and legible. If anything is missing, you will receive a written notice asking you to supply the missing documents or corrections.

A background review verifies your qualifications and checks for pending disciplinary actions.
Once approved, you receive a registration certificate that authorizes you to practice as a registered valuer for wealth tax purposes.
You must renew your registration periodically as required by the Wealth-tax Act, 1957.

Frequently Asked Questions

These common questions cover eligibility, required documents, submission procedures, and online options for the 34 AB form. Contact your local Wealth Tax Commissioner's office directly if you have questions not answered below.

Who Needs to Register as a Valuer Under Section 34AB?

Any professional who wants to legally assess the value of assets for wealth tax purposes must register. This includes valuers of property, stocks, bonds, jewelry, and other items covered by the Wealth-tax Act, 1957. You cannot legally charge fees for wealth tax valuations without a valid Section 34AB registration certificate.

What Documents Are Required for Registration?

You must submit your PAN card, proof of age, original educational and professional qualification certificates, a list of recent valuation work, and two character references. If you are already a partner in a valuation firm, include a copy of the partnership deed as well.

Where Should I Submit the Completed Application?

Submit the form to the Wealth Tax Commissioner of the jurisdiction where you plan to practice. Each Commissioner's office has its own address and working hours. Check the ACD-31075 tax registration update form if you need to update an existing registration after moving to a new jurisdiction.

Can I Fill Out the 34 AB Form Online?

Yes. You can use the FormsPal PDF editor to fill out the form directly in your browser. Once complete, download the filled PDF and print it for submission. The form must be signed and submitted in person to the Commissioner's office. Related tax forms are also available on FormsPal.