Comparison
IBBI vs Government Approved Valuer
Two registration systems coexist in India. An IBBI Registered Valuer (RV) is registered with the Insolvency and Bankruptcy Board of India under the Companies (Registered Valuers and Valuation) Rules 2017 and is mandatory for valuations under the Companies Act and the Insolvency and Bankruptcy Code. A government approved valuer, in everyday usage, is a valuer registered with the Income-tax Department, until 31 March 2026 under Section 34AB of the Wealth-tax Act, and from 1 April 2026 under Section 514 of the Income-tax Act 2025 with Rules 246–249. Many practitioners hold both. For a homeowner, the purpose decides which one you need.
| Criterion | IBBI Registered Valuer | Income-tax registered valuer (Section 514, ex-34AB) |
|---|---|---|
| Regulator | Insolvency and Bankruptcy Board of India, through a Registered Valuer Organisation | Principal Chief Commissioner of Income-tax (Section 514; Rules 246–249; Form 169) |
| Mandatory for | Companies Act valuations (shares, mergers, ESOPs, asset sales by companies), IBC liquidation and resolution | Capital gains, FMV 2001, gifts, partition and any valuation filed with the Income-tax Department (Form 170) |
| Accepted for visa reports | Yes | Yes |
| Accepted by banks | Yes; many bank panels require IBBI or 34AB/514 for loans above ₹2 crore | Yes; historically the primary panel requirement |
| Asset classes | Land & Building; Plant & Machinery; Securities or Financial Assets | Immovable property; agricultural land; plant & machinery; jewellery; securities; forests; each with its own eligibility |
| Fee regulation | Market-based; no statutory scale | Rule 248 ceiling: 0.5% / 0.2% / 0.1% / 0.05% slabs, minimum ₹5,000 |
| Examination | IBBI valuation examination plus 50-hour course | Prescribed examination under Rule 246 within the notified period |
| Public register | Searchable on ibbi.gov.in (Service Providers → Registered Valuers) | Departmental register; ask for the registration certificate or Form 169 acknowledgement |
| Transition in 2026 | Unchanged | 34AB holders must file Form 169 by 30 September 2026 to continue |
Verdict
For a visa file, either registration works and a report signed by a valuer holding both is the safest choice. For capital gains, FMV 2001, gifts or anything the Income-tax Department may examine, insist on a Section 514 (formerly 34AB) registered valuer and a Form 170 report. For property owned by a company or in insolvency, the IBBI RV is mandatory. ValuerDekho shows both registrations on each profile so you can match the valuer to the purpose.
Frequently asked questions
Is an IBBI valuer a government approved valuer?
IBBI is a statutory body, so yes in the broad sense. But the Income-tax Department's registered-valuer scheme (Section 514, formerly 34AB) is separate, and tax filings expect that registration.
Can one person hold both registrations?
Yes, and many experienced valuers do. ValuerDekho lists both where held.
How do I verify an IBBI registration?
Search the valuer's name or registration number on the IBBI website under Service Providers, Registered Valuers.
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Last reviewed 6 September 2026 by ValuerDekho editorial team. Regulatory references are to the Income-tax Act 2025 and Income-tax Rules 2026 (in force from 1 April 2026) with the former 1961-Act section numbers in brackets. This is general information, not tax or legal advice.