(1) The Tax Officer shall, in evaluating the foreign investment, evaluate foreign investment as referred to in Schedule 2 on the basis of the market value and rental value submitted by the taxpayer by getting the value certified by making correspondence with the concerned country about such value, if required.
(2) After the Tax Officer has evaluated any foreign investment pursuant to Sub-rule (1) he/she shall determine the figure of the foreign investment tax as per that valuation and the foreign investment tax assessment order has to indicate brief description on how the foreign investment tax has been assessed.