Section 24 - Insertion of new section 43A - Taxation Laws (Amendment) Act, 1972

24. Insertion of new section 43A. In the Gift-tax Act, after section 43, the following section shall be inserted, namely: 43A. Appearance by registered valuer in certain matters. Any assessee who is entitled or required to attend before any Gift-tax Authority or the Appellate Tribunal in connection with any matter relating to the valuation of any asset, except where he is required under this Act to attend in person, may attend by a registered valuer. Explanation. -In this section, registered valuer has the same meaning as in clause (oaa) of section 2 of the Wealth-tax Act, 1957 (27 of 1957).