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Tax Professional Registration Rules Changed, Deadline Extended to March 2027
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CNBC TV18•21-09-2026, 08:25
Tax Professional Registration Rules Changed, Deadline Extended to March 2027
- •The Central Board of Direct Taxes (CBDT) has revised registration forms for valuers (Form 169) and authorized income-tax practitioners (Form 171) under the Income-tax Act, 2025.
- •Notification No. 120/2026, dated September 17, extends the registration deadline from September 30, 2026, to March 31, 2027.
- •Form 169 for valuers requires details like PAN, qualifications, work experience, and asset classes for valuation, including provisions for those previously registered under the Wealth-tax Act, 1957.
- •Form 171 for income-tax practitioners requests PAN, addresses, qualifications, and firm association details, with provisions for those registered under the Income-tax Act, 1961.
- •The revised framework aims to professionalize tax valuation and representation by emphasizing qualification, disclosure, and independence, according to Riaz Thingna, Partner, Grant Thornton Bharat.
Key Questions Answered
The deadline for the relevant registration requirements has been extended from September 30, 2026, to March 31, 2027.
Form 169 requires applicants to provide their PAN, address, contact information, educational and professional qualifications, and work experience. Applicants must also specify the class of assets they want to register for and disclose valuation experience from the preceding three years.
Individuals seeking registration as authorised income-tax practitioners under Section 515 of the Income-tax Act, 2025, must use Form 171. The form requires details such as PAN, addresses, qualifications, and information regarding eligibility.
