Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Report of an accountant to be furnished by an assessee under sub-section (3) of section 50B of the Income-tax Act, 1961 relating to computation of Capital Gains in case of slump sale

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s in case of slump sale 1. Particulars of the assessee effective the slump sale: (a) Name ............................................... (b) Address ............................................... (c) 1 [ Permanent Account Number or Aadhaar Number ] ............................................... (d) Nature of business ............................................... 2. Details of the undertaking .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ump sale, determined in accordance with sub-item (c) of item (i) of sub-clause (c) of clause (6) of section 43. Rs. ........................................ (b) In the case of other assets, book value of such assets. Rs. ........................................ (c) Aggregate value of total assets of the undertaking or division transferred by way of slump sale [(a) + (b)] Rs. ...................... .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ertaking or division which has been transferred by way of slump sale. *I/we certify that the net worth of the undertaking or division has been computed correctly in accordance with the provisions of section 50B of the Income-tax Act, 1961. ------------------------ Signed **Accountant Place ------------------------- Date -------------------------- Notes: 1. *Delete whichever is not applicable. 2. * .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates